Stories >> Finance
Javier Blas: The Mystery of America’s Millions of Missing Oil Barrels
The US produces world-class oil data, but there’s a growing chunk of crude that barrel counters can’t account for and it’s making the market hard to read. In every oil supply and demand dataset there's a row called something like "adjustment" or "miscellaneous to balance" -- a statistical tool that allows barrel-counters to hammer their numbers
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Posted: October 28, 2022 Friday 07:43 AM