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OILK - Gasoline Market Tightening In Latest EIA Energy Report
ProShares K-1 Free Crude Oil Strategy ETF
Introduction
After last week's surprising build of 7.2 million barrels in the oil market, we were wondering if this was an anomaly, the effects of the shipping channel disruptions, or just a timing issue regarding tanker offloads. Well, we added another 7 million barrels to oil inventories again this week, but gasoline inventories had a heavy draw of 7.7 million barrels, thus giving analysts a lot to think about regarding this energy report. If Jeff Currie, head of commodities research at Goldman Sachs is right and we are in a 1 million barrel per day