Energy Market Assessment 4/19/18 More Are Noticing Oil-Supply-Growth Short Of Oil-Consumption-Growth. Most Have Yet To Recognize Another High-ROI Drilling-Boom Needed.

Crude-oil inventory declining instead of increasing (as the consensus expected) offset production growth fears.  Total U.S. oil inventory down to where it was as February 2015 ended highlights supply behind demand; what took 25 months to build took only 9 months to consume.

 

 

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