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Sunday, October 17, 2021

Quick: A Pop Quiz With Answers -- October 17, 2021

Comparing June 14, 2017, with October 14, 2021.

  • Quick: what was the price of WTI on June 14, 2017? Answer here. $46.04.
  • Quick: how much crude oil was in storage in the US that week? Answer here. 511.5 million bbls.
  • Quick: how much crude oil is currently in storage in the US right now? About 427 million bbls.
  • Quick: how much crude oil was in storage in the US based on days of supply on June 14, 2017? Answer here. 29.5 days.
  • Quick: how much crude oil was in storage in the US based on days of supply right now? About 27 days. 
  • Quick: as an investor, were you doing better in 2017 or 2021?

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