$OXY $Occidental(OXY)$ Looks l

2022-10-12

$OXY $Occidental(OXY)$ Looks like SPR report has been updated. 7.7M Bbl released the first week of October. With the oversupply (vs 1Mbpd pace), it should lead to a build of inventory, but it’s also possible refineries bought extra, early last week, when crude was cheaper.
No API or EIA for an extra day due to the holidays. Waiting game for more oil sector news, then the big CPI report Thursday…. Giving up on guessing how the market reacts to anything anymore. Crude down, but O&G sector up. At least OXY is still red (barely). Go figure.
GLTA!

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Comments

Trader888
2022-10-12
Trader888
[Speechless] [Tongue] [Speechless] [lovely] [Speechless] [Tongue]
ming88
2022-10-13
ming88
thank for sharing
Andie8392
2022-10-13
Andie8392
thanks for sharing .. good post.
Hosay_hosay
2022-10-13
Hosay_hosay
[Miser][Miser][Miser]
Kyong
2022-10-13
Kyong
Cool
Ck38
2022-10-13
Ck38
Ok

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