April 4, 2017 Charts
Managed Money net WTI longs fell by 9.9%; US crude oil production rose by 60 MB/d in Jan; US crude oil stocks hit another record high
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Managed Money net WTI longs fell by 9.9%; US crude oil production rose by 60 MB/d in Jan; US crude oil stocks hit another record high
Trump granted KXL a presidential permit; US crude oil inventories rose to a new record; The US added 21 oil rigs last week
The US Fed raised the federal funds rate; Managed money WTI new longs fell sharply; February data still shows good OPEC cut compliance.
WTI pulled back by $5/B last week; Managed money net WTI longs fell again; Crude oil stocks rose to a new record high