The anticipated 2-weeks’ worth of EIA inventory data turned out not to be a pebble cast into a pond creating ripples, but an ocean landing meteor causing continued selling tsunamis, the waves of which keep washing up...
The question: can a daily price swing of $3/bbl in a crack spread value be justified by fundamental developments?
It is rather an interesting watch to see how oil is being somewhat left behind by the buying jamboree seen yesterday in other recognised investment suites.
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