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re: Oil falls sharply as U.S. crude inventories rise
Posted on 2/19/15 at 11:11 am to Jim Rockford
Posted on 2/19/15 at 11:11 am to Jim Rockford
Inventories only rose 1/2 as much as the article in OP stated this morning.
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Posted on 2/19/15 at 1:31 pm to dragginass
quote:
Inventories only rose 1/2 as much as the article in OP stated this morning.
That's because the OP was API. If EIA had been 14 million, there would be all kinds of blow up in the market today. 7 million is still big but 14 would have been unheard of. I also read that storage is the highest in 80 years, I guess the markets missed that one.
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