Finance

Have finance questions? Ask a financial expert online.

Ask an Expert,
Get an Answer ASAP!

This answer was rated:

Oil Prices. How can I find out 'EXPECTATIONS' for 'builds'

Oil Prices. How can I find...
Oil Prices.
How can I find out 'EXPECTATIONS' for 'builds' and/or 'draws' of crude oil stocks "CL"
(also gasoline RBOB and Heating Oil of interest, but Crude Oil is the driver)
--American Petroleum Institute (Tuesday afternoon reports at 4:30 PM Eastern Time Zone
--Energy Information Association (Wednesday morning reports at 10:30 Eastern Time Zone
I receive daily, sometimes twice daily, Hightower Commodities Report emailed to me, and
I receive twice weekly, Oil Price.com (including 'premium'). emails...
....so I get the draws and builds, but after the fact.
...It is crucial to know as much as legally/ethically possible before the reports/statistics are released.
The big trading departments may have electronic equipment that 'reads' the reports within a nanosecond, and place trades, and the price typically moves 1% or so in the first second or so upon release. For Oil that can be a 40-50 cent move in one second. (1% on the Dow Jones is about 180 points!)
The 'estimates' of the builds and draws are by no means guaranteed, but it would be very helpful to weigh them on the balance sheet in my small time Oil trading strategy.
I need some real incisive direction here. I already receive daily emails from Hightower and OilPrice (twice a week), and they provide the figures usually, but maybe not until an hour after the big 'one second spike....or drop'. CNBC, Bloomberg, and Fox Business are likewise delayed....as they have a lot of other topics competing for air time. I am only trading one commodity: Oil.
Please respond only if you know in depth, (but not 'inside') information...only legal ethical estimates of expected builds and draws.. Roger ****
Show More
Show Less
Ask Your Own Finance Question
Customer reply replied 1 year ago
My question of 5 minutes ago concerned COMMODITIES TRADING...Specifically Oil.
I think the 'lawyers' came up on my 'choices' but I think that is because most of my previous questions were legal in nature. This question concerns information about Crude Oil stocks....builds and draws....not really what most lawyers do...but Commodities traders.
Please re-direct my very recent question from lawyers to commodities traders.
Answered in 1 day by:
10/28/2016
TaxGreg
TaxGreg, Tax Enthusiast
Category: Finance
Satisfied Customers: 5,240
Experience: Business Administration Degree.
Verified

Hi, I'm Greg. Welcome to JustAnswer. I'm reviewing your question now, and will post back with your reply ASAP.

Ask Your Own Finance Question

Hello, my name is Greg.

Can you provide theå specifics of what you are needing for this prompt as what you have provided above does not really show what is required. The more information you can provide, the easier it will be to find an expert who is best able to support your needs.

You can upload using a file sharing site such as mediafire.com or wikisend.com and then share the link here with us.

TaxGreg
TaxGreg, Tax Enthusiast
Category: Finance
Satisfied Customers: 5,240
Experience: Business Administration Degree.
Verified
TaxGreg and 87 other Finance Specialists are ready to help you
Ask your own question now
Customer reply replied 1 year ago
Mr. White,I'm glad to learn you are working on my question.
It is an in depth request, as it is a professional financial question of substantial importance. The professional knowledge here is far beyond the typical investor/trader, although your answer could possibly be quite concise if indeed effective.....how to learn what Oil stocks are, preferably on a daily basis, rather than the weekly American Petroleum Institute (private) numbers or the Energy Information Agency (government).
Was this answer helpful?

How JustAnswer works

step-image
Describe your issueThe assistant will guide you
step-image
Chat 1:1 with a financial professionalLicensed Experts are available 24/7
step-image
100% satisfaction guaranteeGet all the answers you need
Ask TaxGreg Your Own Question
TaxGreg
TaxGreg
TaxGreg, Tax Enthusiast
Category: Finance
Satisfied Customers: 5,240
5,240 Satisfied Customers
Experience: Business Administration Degree.

TaxGreg is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Rakhi Vasavada

Rakhi Vasavada

Financial and Legal Consultant

2,609 satisfied customers

Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years

Megan C

Megan C

Certified Public Accountant (CPA)

2,222 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

Manal Elkhoshkhany

Manal Elkhoshkhany

Tutor

1,933 satisfied customers

More than 5000 online tutoring sessions.

JKCPA

JKCPA

CPA

844 satisfied customers

Bachelors degree and CPA with Accounting experience.

Eric

Eric

Financial Manager

559 satisfied customers

Loan servicing, counseling and real estate expert. Foreclosure Expert and Financial Planner.

R. Klein, EA

R. Klein, EA

Accountant

480 satisfied customers

TurboTax Expert. QuickBooks Certified Pro Advisor

Dimitry K., Esq.

Dimitry K., Esq.

Attorney

332 satisfied customers

NASD Licensed Rep, 1997-2001, Business Attorney

< Previous | Next >

Related Finance Questions
I am a pretty wealthy guy retired. I own a NYC Coop
I am a pretty wealthy guy retired. I own a NYC Coop apartment worth around $1.2 million, I bought a decade ago. My daughter and son-in-law live there with their kids. They pay the monthly maintenance … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
47 satisfied customers
Does anyone have a list of possible expenses that can be
Hi. Does anyone have a list of possible expenses that can be used on a schedule C for someone in the entertainment business as a performer writer producer? Thank you.… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
47 satisfied customers
CTK International based in state holds it's own 501c3 and we
CTK International based in Washington state holds it's own 501c3 and we operate as a foreign non-profit entity in the state of Colorado. During the course of operations a member of the church in Color… read more
Lev
Lev
Retired
Bachelor\u0027s Degree Equivalent
27,127 satisfied customers
URGENT/ PLEASE ANSWER ASAP/ GRATEFUL & WILL TIP VERY
URGENT/ PLEASE ANSWER ASAP/ GRATEFUL & WILL TIP VERY WELL/ REFI-MORTGAGE Q'SHi there! Even Though I pay for the monthly service, I haven't asked a Q for a long time. Is sure is great to know you're ou… read more
PDtax
PDtax
Owner
Master\u0027s Degree
1 satisfied customers
Megan: this is Juan again! (remember? the trouble maker?)I
Megan: this is Juan again! (remember? the trouble maker?)I am now 63 year old. I retired from a big corporation after 25 years of service and started a business that builds Computer Based Learning Cou… read more
keeperumiami
keeperumiami
Sr Financial & Tax Consultant
Bachelor\u0027s Degree
1 satisfied customers
I am one of the two members of an LLC, and I am also the
I am one of the two members of an LLC, and I am also the treasurer. We have agreed to pay ourselves $15,000 annually each in guaranteed payments for services rendered to the company. In order to conse… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
47 satisfied customers
I am the owner of a single member S Corp, whose legal
Good Morning, I am the owner of a single member S Corp, whose legal address is a PO Box, but the administration of which is run from my home (the company performs services outside of my home). In the … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
47 satisfied customers
I need helping in searching information about "penny stocks
I need helping in searching information about "penny stocks newsletter" industry (I would start a my own business in this industry). They are websites that promoting penny stocks beyond compensation b… read more
Jax Tax
Jax Tax
Senior Tax Attorney
Master\u0027s Degree
1,394 satisfied customers
I am considering filing. I have about 80K in debt that was
Hello, I am considering filing for bankruptcy. I have about 80K in debt that was from a short-sell in 2009 - it was the 2nd on my home and was a HELOC (home equity line of credit). I also have about 1… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
47 satisfied customers
The IRS started a two year search of my entire life and small
The IRS started a two year search of my entire life and small business in 2010. The big time New Orleans CPA made a mistake and charged twice for the Mortgage interest on my 2008 return. He charged $1… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
47 satisfied customers
What are the commission structures on the average for loan
What are the commission structures on the average for loan officers that give comercial loans?… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
47 satisfied customers
A real estate mortgage investment conduit is facing potential
A real estate mortgage investment conduit is facing potential litigation. Some holders of certificates of beneficial interest in the REMIC propose to contribute cash to the REMIC in order to increase … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
47 satisfied customers
Hi, Im having an issue with a binary option trading platform.
Hi, I'm having an issue with a binary option trading platform. The company added "bonus money" to my account without my permission. They won't allow me to withdraw any of my funds. My account manager … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
47 satisfied customers
I have no clue on what I am doing here. I really need with
I have no clue on what I am doing here. I really need with this assignment. The requirement is one page per question. This assignment is needed by Saturday night; the 10th of March, by midnight! 1. Ev… read more
Sun Valley CPA
Sun Valley CPA
Bachelor\u0027s Degree
23 satisfied customers
1. Chapter 001, #014 (Points: 2.5) Which of the following
1. Chapter 001, #014 (Points: 2.5) Which of the following persons would occupy a line position in a department store? I. Sales manager II. Manager, furniture department III. Manager, advertising depar… read more
JKCPA
JKCPA
CPA
Bachelor's Degree
844 satisfied customers
Read the Urban Outfitters Continuing Case Study Part 2 Creating
Read the Urban Outfitters Continuing Case Study Part 2: Creating a business. The link to the case is under the assignment tab in the course shell. You are to write a 3-4 page report that answers the f… read more
Anita L. Eisthen, CFA, CPA, MBA
Anita L. Eisthen, CFA, CPA, MBA
Owner and Chief Investment Officer
Master\u0027s Degree
83 satisfied customers
Final Project Solving Ethical Dilemmas in the Accounting Profession
Final Project: Solving Ethical Dilemmas in the Accounting Profession ? Resources: Appendix A, Appendix C, and Business & Professional Ethics ? Due Date: June 26,2009 ?Read the Dilemma of an Accountant… read more
Mohammad Ali
Mohammad Ali
Accounts & Audit Officer
Master\u0027s Degree
278 satisfied customers
Hello, I would like to know in your opinion a few stocks
Hello, I would like to know in your opinion a few stocks to invest in for long term (2-3) years. With the ressetion that we are in, the real estate sector looks like a good choice. morgage lenders, bu… read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x