Ok, so the EIA and API numbers were about as bearish as you could possibly imagine for crude.
Yes, an unexpected gasoline draw gave oil a bit of a reprieve on Wednesday, but generally speaking, the supply/demand picture is pretty…well… supply-ish.
(Goldman)
But, that’s ok, because as Goldman will be more than happy to explain to you in their best Harvey Dent voice from The Dark Knight, “the darkest hour is just before the dawn.”
No, seriously…
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Here we go with the known, unknowns again.