EIA Oil Report Analysis 7-19-2017 (Video) via EconMatters

by EconMatters, Benzinga Contributor

July 20, 2017 3:42 PM | 2 min read |

We discuss the EIA Oil and Petroleum Products report in this video, focusing on what story the fundamentals are telling us about the oil market, and then check out the Price Action from a technicals standpoint. The Gasoline Market Backwardation clue really nailed this oil trade the last couple of weeks!