Strictly: Drilling and oil-field services Message Board

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

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To: dfloydr who wrote (58492)	1/14/2000 8:38:00 AM
From: BigBull	Read Replies (3) of 95453

Is this what you are looking for? eia.doe.gov I'm am metaphysically certain that OPEC is well aware of the seasonal build trend in the US crude and aggregate stocks. I opine, that this is a major reason for OPEC's recent "publically stated" intention to keep the cuts on past March. Stay below the normal range and you keep the price up. I am also metaphysically certain that sophisticated traders are aware of this trend as well, and further they are aware that OPEC is aware of them. I opine, that this is the reason we have not seen tremendous downward pressure on crude prices after "bad" API numbers. Aye, the range is the thing. The range. But I could be wrong. Bull

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