Oil Is Headed Higher If This Continues - Seeking Alpha


5/18/2022 12:00:00 AM2 years 11 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]

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