Energy Market Assessment 3/23/17 Crude Oil Up Is Helping Most Miss U.S. Oil Inventory Has Peaked

March 23, 2017

Figure 2

U.S. Total Oil Inventory (excluding Strategic Petroleum Reserve)

 of Crude Oil and Petroleum Products

 (Src: Department of Energy Data)

   Million Barrels

. . . . Despite all the reports of rising production, this oil inventory measure is now trending DOWN.

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