Energy Market Assessment 5/4/17 More Over There Learning To Produce And Prosper, That More Oil Is Fueling Makes This Week’s Big Price Drop Another Buy-Oil-Low Opportunity.

U.S. commercial crude-oil inventory declined only 0.9 mmb last week but total crude-oil inventory declined 2.4.  And, the total now is up only 9.9 mmb YOY, down big from up 45.3 YOY in mid February.

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