James Cordier – The Street Appearence – Critical Turning Point with Crude


Jun

29

2015

James Cordier – The Street Appearence – Critical Turning Point with Crude

James Cordier of OptionSellers.com told The Street TV that in the next four to eight weeks crude supplies in the U.S. will finally start to come down significantly, driving the price of crude higher. Crude inventories have seen drawdowns during the past seven weeks, and Cordier said refined products should be the next to see supply moving lower. Crude will see more drawdowns over the next two to four weeks and gasoline will see the same by the end of August, Cordier said.
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