Strictly: Drilling and oil-field services Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Wowzer who wrote (47845)	7/13/1999 12:00:00 PM
From: Tomas	Read Replies (3) of 95453

Rory and K. Lingerfelt wrote: "Does anyone know what the API numbers are predicted at tonight?" "API guestimates usually don't come out until around noon" You can find the predictions here every Monday evening: crbindex.com "The APIs are going to be big tomorrow," a trader said. "Rumors are that there will be a build in gasoline, which could pop this bubble and drag down the market." Most brokers and traders expect that US gasoline stockpiles increased 500,000-barrels to 1.5-million barrels last week in a corrective move from the previous week's larger-than-expected 4.403 million-bpd drop. "People are going to focus on gasoline demand," a trader said, which surged to 9.25 million bpd the previous week. Meanwhile, crude stockpiles are expected to have dropped 500,000 barrels to 1.5 million barrels last week, while inventories of distillates are expected to have increased 1.0-2.0 million barrels.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next