The Officials: Data is Conflictive | S1 E5
World of Oil Derivatives - A podcast by Greg Newman
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The Officials are back to discuss the latest market developments in the past week. You can also read The Officials latest report What goes up must come down, says wise ops guy here; https://www.onyxhub.co/news/all/the-officials-what-goes-up-must-come-down-says-wise-ops-guy/ This week, the API showed crude inventories going up by 5.2/million bbl. Upon the APIs release, there was almost no reaction in flat price to the huge inventory drop. As the market received this 'bullish' inventory data t...