RE: Harbour Energy Confirms Gas Discovery in Norwegian Sea10 Dec 2024 22:24
I can say that I have been watching oil API and EIA report and CPI and all the other data for 10 years at least. These morons analysts never get it right especially the API and EIA, every single week they get it wrong. How they are in a job is beyound me. Always analyst suprised ... every singe frigging week !! lol mad house
Crude oil inventories in the United rose by 499,000 barrels for the week ending November 29, according to The American Petroleum Institute (API). Analysts had expected a draw of 1.30 million barrels.
For the week prior, the API reported a 1.232-million barrel build in crude inventories.
So far this year, crude oil inventories have fallen by roughly 3.4 million barrels since the beginning of the year, according to API data.