{"id":17056,"date":"2011-12-21T11:19:24","date_gmt":"2011-12-21T16:19:24","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=17056"},"modified":"2016-09-20T19:09:06","modified_gmt":"2016-09-20T23:09:06","slug":"oil-inventories-where-is-the-oil","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2011\/12\/21\/oil-inventories-where-is-the-oil\/","title":{"rendered":"Oil Inventories:  Where is the Oil?"},"content":{"rendered":"<p>Major demand or maybe just a lack of inventory was seen today in the Department of Energy&#8217;s Oil Inventory report. \u00a0 Major draw downs in inventory stocks were seen across the board.<\/p>\n<p>Crude showed a drop of 10.57 Million barrels vs. expectations of a dip of only 2.125 Million barrels<br \/>\nGasoline dropped by 412,000 barrels vs. the expectation of a build of 1.5 Million barrels<br \/>\nDistillates dropped by 2.353 Million barrels vs. expectations of build of 83,000 barrels<!--more--><\/p>\n<p><a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2011\/12\/oil-20111221-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-17057 aligncenter\" title=\"oil 20111221\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2011\/12\/oil-20111221-1.jpg\" alt=\"\" width=\"552\" height=\"355\" \/><\/a><\/p>\n<p>So the question remains, has demand picked up or have refineries and producers just slowed production? \u00a0 The market seems to be telling us that demand has still abated and currencies are a bigger driver of the price movement at the moment.<\/p>\n<p><a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2011\/12\/EURUSD-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-17058 aligncenter\" title=\"EURUSD\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2011\/12\/EURUSD-1.jpg\" alt=\"\" width=\"552\" height=\"355\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Major demand or maybe just a lack of inventory was seen today in the Department of Energy&#8217;s Oil Inventory report. \u00a0 Major draw downs in inventory stocks were seen across the board. Crude showed a drop of 10.57 Million barrels vs. expectations of a dip of only 2.125 Million barrels Gasoline dropped by 412,000 barrels [&hellip;]<\/p>\n","protected":false},"author":371,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[5,12],"tags":[71],"class_list":["post-17056","post","type-post","status-publish","format-standard","hentry","category-economy","category-markets","tag-oil","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/17056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/371"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=17056"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/17056\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=17056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=17056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=17056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}