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EIA stats showed a build of 8.4m barrels against forecasts of 4.3

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 28, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    The market remains full of chatter about an Opec/non-Opec meeting to discuss production cuts but is acutely aware that expectations should not be raised too much. The EIA stats showed a build of 8.4m barrels against forecasts of 4.3 but a high number was expected after the API numbers, indeed this number was not as bad as feared and again stocks drew at Cushing. The FOMC was a right laugh, to think that this lot are left in charge of more than a whelk stall. Nevertheless beggars must not be

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