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Posted by EconMatters

With a team of analysts, we at EconMatters focus on identifying the fundamental theories of cause and effect in the financial markets that matters to your portfolio.

Oil and Petroleum Product Inventories Worse Than Last Year (Video)

by EconMatters on January 25, 2017

in Economy

By EconMatters

We examine the EIA Data this past week, and it is interesting what a difference a year makes psychologically speaking as we have more inventories in storage across the board yet we are almost double the oil price versus this time last year in $53 a barrel versus $26 a barrel. There is a lot of Fantasy Land Thinking Going On in Financial Markets Right Now!

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