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Oil Market News – DOE Forecast 25 Aug 2009

The forecast for the weekly oil stats may give oil traders a clue as to the short term direction for daily oil prices.   According to analysts crude oil stocks are expected to fall in tomorrow’s data by 1.6m barrels, gasoline stocks are also seen as...

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DOE Preview 28 July 2009

There appears to be growing expectation that although tomorrow’s DOE figures will show crude oil inventories declining by 400k barrels the stockpile is still 16% higher than a year ago.  Gasoline too are expected to fall by 400k barrels while distillates, which include heating oil...

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