Denbury Resources IncNYSE
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Oil Traders: What to Expect before the EIA's Data
On June 19, the EIA is scheduled to announce last week’s US crude oil inventory data. A fall of equal to or more than 7.1 million barrels could help the inventories spread contract. A Reuters poll suggests a fall of 2.033 million barrels.
US Crude Oil Near $50: Why Denbury Resources Might Be in Trouble
In this quarter so far, US crude oil prices have fallen by double digits, and Denbury Resources has fallen the most among oil-weighted stocks. Last quarter, Denbury Resources had a production mix of around ~97% in oil.