Oil Is Headed Higher If This Continues - Seeking Alpha


5/18/2022 12:00:00 AM3 years 9 months ago
by HFIR

US oil demand is starting to bottom. Product inventories are getting dangerously low. Hurricane season could cause prices to spike even higher. See more here.

georgeclerk/iStock via Getty Images EIA reported a bullish oil storage report today that saw draws across the board. Nonetheless, the broader market sell-off is pushing oil prices down, while the ph… [+3026 chars]

full article...