The US Oversupply of Oil is Ending: $67+ WTI by Early 2018

The US Over-Supply of Oil is Ending, Labyrinth Consulting Services, November 17, 2017 Comparative inventory (“CI”) has been dramatically reduced in 2017 Levels have fallen 165mmb since February and are now approaching the 5-year average for the first time in nearly 3 years Causes of the US inventory drawdown are clear: increased exports of crude […]

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