someone's lying...
Okay, these news reports were both online at the SAME time, just minutes ago, from Bloomberg and The Wall Street Journal. One says that US fuel inventories are suprisingly low, so futures increased this morning drastically... the other says that US fuel inventories are higher than expected and so futures are dropping this morning.
There's no way they can both be right? I wonder which one of these two media giants screwed up?
[Click on image for higher resolution]
There's no way they can both be right? I wonder which one of these two media giants screwed up?
[Click on image for higher resolution]