U.S. Crude Oil Exports Could Mean Stocks Are Dropping Elsewhere

INO.com Traders Blog http://ift.tt/2omMift Crude stocks built by 0.9 million barrels in the week ending March 24th to end at 534 million barrels, 30.2 million larger than a year ago, setting a new record high. But crude oil exports also surged to 1.010 million barrels per day. The stated objective of the OPEC production cut is to reduce OECD […]