Oil Inventories Fall

  • 3 Mar 2021
  • By Erik Norland
  • Topics: Energy

Oil inventories fell sharply at the start of 2021 amid a backwardation in price.

About the Presenter

Erik Norland is Executive Director and Senior Economist of CME Group. He is responsible for generating economic analysis on global financial markets by identifying emerging trends, evaluating economic factors and forecasting their impact on CME Group and the company’s business strategy, and upon those who trade in its various markets. He is also one of CME Group’s spokespeople on global economic, financial and geopolitical conditions.

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