Thursday, September 8, 2016

"Oil Stockpiles Plunge as Storm Cuts Imports, Prices Rally"

October futures $47.53 up $2.03 after trading as high as $47.58. It's too early to short but we're very close again.
From MoneyBeat:

U.S. crude stocks fell by a whopping 14.5 million barrels last week,
the EIA says, the biggest drop since January 1999 and the second-biggest
decline on record in weekly data going back to late 1982.

Analysts cautioned, though, that this is more likely to be a

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