Article By:
Tim Knight
Tuesday, March 5, 2024 9:00 PM EDT
Using the Layered Mode feature, I placed the ETF symbol XOP on top of it, and I’d say the odds of energy stocks being much lower a year from now than they are right now is pretty strong.
WTI Extends Gains After Sizable Crude Inventory Draw, Shrugs Off Unexpected Product Builds
$FANG $XOP $USO OK so we had EXACTLY the right #'s IF you just add the higher gasoline build to ESTIMATES versus the HIGHER crude DRAW to estimates. Basically the ESTIMATES really got it EXACTLY RIGHT! Crude -5.36mm (-3.3mm exp) Cushing +741k Gasoline +2.51mm (-1.1mm exp) Distillates +1.585mm (-1.6mm exp)