Oil Slick Stuff

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[TD]		Prior
Actual
Crude oil inventories (weekly change)
Gasoline (weekly change)
Distillates (weekly change)

[TD="class: actual_consensus_box_numbers"]-4.7 M barrels
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[TD="class: actual_consensus_box_numbers"] 4.7 M barrels
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[TD="class: actual_consensus_box_numbers"]-3.3 M barrels
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[TD="class: actual_consensus_box_numbers"] -1.4 M barrels
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[TD="class: actual_consensus_box_numbers"]-4.3 M barrels
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[TD="class: actual_consensus_box_numbers"] -4.3 M barrels
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[TD="colspan: 2"]Highlights
A weekly swing higher for oil imports fed a large 4.7 million barrel build in commercial oil inventories to 337.6 million in the October 21 week. The build reverses the prior week's 4.7 million barrel draw when oil imports swung lower. On the product side, gasoline inventories fell 1.4 million barrels in the latest week due to a drop in refinery production.

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http://www.bloomberg.com/markets/economic-calendar/
 
damn, i probably shoulda sold my USO yesterday eh. I was waiting for WTI to hit $95 and it got close but I never pulled the trigger. Guess ill hold it a little longer.
 
Oct. 27, 2011, 7:43 a.m. EDT
Crude oil rallies following Europe’s deal

Investors await data on U.S. third-quarter economic growth

By Nick Godt, MarketWatch
MUMBAI (MarketWatch) — Crude-oil futures rallied Thursday following the European Union’s deal to tackle the region’s crisis, which includes plans to have private investors take a 50% writedown on Greek debt and a fivefold increase in the euro-zone rescue fund.
http://www.marketwatch.com/story/crude-oil-rallies-following-europes-deal-2011-10-27
 
Oct. 27, 2011, 3:51 p.m. EDT
Oil rallies on Europe’s deal, U.S. GDP

Sharp U.S. third-quarter economic growth adds to optimism


By Claudia Assis and Nick Godt, MarketWatch
SAN FRANCISCO (MarketWatch) — Crude-oil futures rallied Thursday following the European Union’s deal to tackle the region’s sovereign debt crisis and news the U.S. economy grew sharply in the third quarter. Crude oil for December delivery /quotes/zigman/2084377 CL1Z +3.95% gained $3.76, or 4.2%, to end at $93.96 a barrel on the New York Mercantile Exchange. That was oil’s highest settlement since Aug. 1. http://www.marketwatch.com/story/crude-oil-rallies-following-europes-deal-2011-10-27
 
Buster said:
Gas dropped today from $3.25 to $3.18....go figure.:rolleyes:
Click to expand...

Go figure is right. I just got back from the mainland today and gas is $4.37 - up from $4.17! A gallon of milk on sale is $7.79. Good thing I get a TCOLA or I'd be living in a rice and mud hut....well, maybe a palm hut!
 
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