If a crude oil trader were to look just at the weekly EIA Crude Oil Inventory Report, they’d likely assume that Crude would be trading lower. If they acted on that assumption, they would also be in the red on the trading day so far.
Crude Oil Price Forecast: Breakout on Saudi Has Fundamental Support
Instead, a handful of geopolitical headlines to Crude Oil to the highest levels since 2014 as the EIA weekly data took a bad seat, and at a good time too for crude oil bulls
