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Is The Crude Oil Rally Sustainable?

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 21, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The past 24 hours have been relatively positive for crude oil as the embattled commodity has been buoyed by a strong inventory draw of 2.3 million barrels from US crude storage facilities. The fall in inventory largely surprised analysts, who expected a smaller 2.1m/b decrease, and represents the ninth straight[​IMG]

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