Home Commodities Don’t Be Distracted By Year-End Oil Data, Look Ahead (Commodity:CL1:COM)

Don’t Be Distracted By Year-End Oil Data, Look Ahead (Commodity:CL1:COM)

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Year-end EIA weekly oil storage reports are about as useful as asking a fruit for life advice. Refineries typically game the storage system for tax purposes, so at the end of every year, product storage typically builds, while crude storage declines. EIA’s reported

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