Forecast came false

Did US Oil Inventories Decrease Last Week?
18 august 2015

Will the EIA report that US crude oil inventories decreased last week when it releases its weekly update on Wednesday?

Answered:
7 people

Did US Oil Inventories Decrease Last Week?

Agreed
5 people
Disagreed
2 people

Forecast came false

An increase of 2.62 million, very bearish with WTI now testing the $40 level.