When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
YGRN - Open Insights: EIA's Weekly Petroleum Report (02/07/20)
Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN
We took a brief hiatus from our weekly series Open Insights to update our oil thesis, but we’re now back to looking at the EIA’s Weekly Petroleum Status Report (“WPSR”). This is for the week of February 7, 2020.
EIA reported a crude build of 7.5M barrels, about double the 5-year average. Looking at the year in totality, crude inventories are running about 6.6M barrels below the 5-year average build for this time of year.
Gasoline inventories were essentially flat again for the week, drawing by 95K barrels, whereas distillates declined by 1.9M barrels. Overall