IBB
309.31
-0.27
-0.09%
 
AAPL
161.6
+1.75
+1.09%
 
TVIX
17.05
-0.24
-1.39%
 
XIV
84.56
0.00
N/A%
 
TNA
51.92
-1.24
-2.33%
 
TZA
17.3
+0.41
+2.43%
 
UVXY
31.23
-0.46
-1.45%
 
NASDAQ
6333.013
-7.219
-0.114%
 
S&P500
2464.61
-1.23
-0.05%
 
NYSE
11843.48
-12.58
-0.11%
 
IBB
309.31
-0.27
-0.09%
 
AAPL
161.6
+1.75
+1.09%
 
TVIX
17.05
-0.24
-1.39%
 
XIV
84.56
0.00
N/A%
 
TNA
51.92
-1.24
-2.33%
 
TZA
17.3
+0.41
+2.43%
 
UVXY
31.23
-0.46
-1.45%
 
NASDAQ
6333.013
-7.219
-0.114%
 
S&P500
2464.61
-1.23
-0.05%
 
NYSE
11843.48
-12.58
-0.11%
 

API Report: Crude and Crude Products Draw, WTI Crushed

Initial reports from the API indicate a build in crude and crude products with a draw in Cushing. This is another death blow for Oil bulls who have been attempting to time the bottom in the 43-42 handles. WTI has been crushed -128bps rejecting the 44 handle now probing into the midpoint of the 43 level post API report. We suspect the traders are focusing on the crude product builds.

EIA #WPSR Estimates (in mbbls) for Week Ending June 23, 2017

US #Crude Production – #Oil Rigs

US #RigCount