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.
Something for your Espresso: Gasoline Demand is BACK…
Ok, probably a bit of a baity headline since gasoline demand probably never left the building, except that the EIA weekly data suggested as much. That conclusion is now off the table again after yesterday’s figure, but now the weakness has moved to oil markets. Is that fair?
To read the full article, sign up for a 14-day FREE trial of the Premium plan.
Already a member? Login here
