US producers are slowdown for 2mths. How come the EIA's 2 consecutive reports were UP? I knew it's NOT accurate in its weekly reports. The monthly production survey is about to come out in 2wks time. This is the second one and the most accurate.
Perhaps US imported more oil from Saudi for the last 2wks. A surge in demands does not reflect the price of oil. That’s funny too.
That’s why a no rate hike will break everything out freely
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