The term 'Crude oil, refinery receipts' as it applies to the area of energy can be defined as ' Receipts of domestic and foreign crude oil at a refinery. Includes all crude oil in transit except crude oil in transit by pipeline. Foreign crude oil is reported as a receipt only after entry through customs. Crude oil of foreign origin held in bonded storage is excluded'.
Michael Rodriguez is a seasoned investment strategist with over 20 years of experience in equity research and portfolio management. He has worked with major financial institutions including Goldman Sachs and Fidelity Investments. Michael specializes in value investing and helping investors understand market dynamics. He holds an MBA from Columbia Business School and is a Chartered Financial Analyst.