Sevens Report Co-Editor Tyler Richey Quoted in MarketWatch on February 14th, 2023
Oil traders hit ‘sell button’ with U.S. set to release more crude from its Strategic Petroleum Reserve
The release plans were part of a congressional-mandate related to annual budgets that has been in place for almost a decade, Tyler Richey, co-editor of Sevens Report Research, told MarketWatch. But “when traders see an SPR release headline cross the wires, they think ‘more supply on the market’ and hit the sell button first and ask questions later.” Click here to read the full article.