Wednesday, July 11, 2018

Off The Net For Awhile -- July 11, 2018

 Updates

Later, 1:34 p.m. Central Time: wow, it is a fool's errand to predict the price of oil. WTI is now down a staggering 5.2%; down $3.83; and could fall below $70 before the day is over.


 
Original Post

US crude oil inventories decline by a staggering 12.6 million bbls, and the price of WTI is falling almost 2.5%. Now at $71.63, well below the recent high of $75.

It is a fool's errand to predict the price of oil.

Might as well continue with the previous group highlighted --

Sultan of Swing, Dire Straits


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Time For Dinner



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