But crude oil inventories? This statistic is beyond me. All I know is on ForexFactory.com it says -4.7 million vs the expected 1.0 million.
So is this good or bad - or will it be irrelevant given the euphoria stemming from the potential European banking system recapitalisation efforts?
JRCC hit a $7.73 high today and I've got my sights set even higher as it seems support is in our court.
Let the profits continue!
P.S. Found this - apparently decline in oil inventories is supposed to be good as oil futures continued to edge up following the said data...
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