Midday Report: Crude Oil Stoarge Expected To Drop Sharply.

<p style="margin-bottom:0in;">The Street expects that this report is going to get hammered. That it will show about a 390 million barrel reduction in current storage. And remember this is just the reduction due to hurricane IDA. </p> <p style="margin-bottom:0in;"> </p> <p style="margin-bottom:0in;">Nicholas just came ashore this morning, and should further reduce our oil storage. Look for today's report to be bad, but next week's report to be a real blockbuster. So once again the Street looks for a reduction of 390 million barrels of oil in today's Crude Oil Stock Report.</p>