The EIA demand data remains volatile and slightly out of whack with actual congestion trends. Oil demand has rebounded while new weakness is seen in transportation fuels.

The EIA demand data remains volatile and slightly out of whack with actual congestion trends. Oil demand has rebounded while new weakness is seen in transportation fuels.
Happy start to the week everybody, hope you have had a great weekend! Lots of things are going on in markets right now, perhaps most importantly China, so let’s dive right into that.
Rates are moving on the back of strong numbers in the labor market, but energy is not finding a bid… yet? This week we wonder if there is life in energy after all.