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Monday, April 17, 2017

Crude Oil Seasonality, Inventory Rebalancing and Production Cuts


INO.com Traders Blog http://ift.tt/2ptgAu5 The historical stock build from December 2014 through July 2016, and subsequent decline from August through December has led some to conclude that global stocks had started to rebalance. Instead, the normal seasonality in stocks had been masked by the high overproduction of OPEC, but then normal seasonality kicked-in. Global OECD inventories from past years […]

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