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Oil update

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asked Apr 19, 2017 04:05 PM by
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Hi Jin

Can you give an update about what your thoughts are wrt oil? Not necessarily a specific stock. Just oil in general including supply/demand, inventory, price.

Instead of answering directly you could do a blog post. That would be great.

David

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answered Apr 19, 2017 07:27 PM by
Jin Won Choi gravatar image Administrator

Hi dlander,

I'll provide an update in my TFSA blog series next month. I know oil prices are down today based on inventory reports of this past week. While inventories are down, they're not down by much, which worried some speculators. However, keep in mind that inventory numbers tend to fluctuate by a few million barrels each week.

Jin

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