I am expecting crude oil stocks to decrease by about 1.5 million barrels. (resourceinvestor.com)
May 2 (Reuters)- U.S. crude oil stocks rose sharply last week, bringing overall supply to its highest level since December, and gasoline inventories also rose, the Energy Information Administration said on Wednesday. (cnbc.com)
Last night the API reported a large surprise build in total crude oil stocks in the United States suggesting that even with the EIA's downward revision in crude oil, production the market remains oversupplied. (resourceinvestor.com)