US Oil Demand Is Trending In The Right Direction, So It's Only A Matter Of Time
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EIA reported a mixed oil inventory report today. Total implied oil demand trended lower following a material uptick last week. Crude saw a relatively large build as our modified adjustment jumped to ~1.7 million b/d. Product inventories were mixed with gasoline lower, distillate flat, and jet fuel higher. Total liquids saw a build of ~5.2 million bbls.
US Oil Demand Is Trending In The Right Direction, So It's Only A Matter Of Time
US Oil Demand Is Trending In The Right…
US Oil Demand Is Trending In The Right Direction, So It's Only A Matter Of Time
EIA reported a mixed oil inventory report today. Total implied oil demand trended lower following a material uptick last week. Crude saw a relatively large build as our modified adjustment jumped to ~1.7 million b/d. Product inventories were mixed with gasoline lower, distillate flat, and jet fuel higher. Total liquids saw a build of ~5.2 million bbls.