OEF Rapid Review Articles
Crude oil inventories are near record high levels and are rising on a year-on-year basis. Gasoline and ultra-low-sulfur diesel inventories are increasing to a lesser extent. Inventories of all three remain near seasonally-adjusted record highs. However, the pace of this increase – even though still growing – is slowing rapidly, and this is, on balance, welcome news for energy producers and those who have financial exposure to them. It’s a sign that energy supply and demand are moving more closely into alignment.
LINK TO THE SOURCE ARTICLE:
U.S. Oil Inventories: A Mixed Picture
LINK TO THE SOURCE ARTICLE:
U.S. Oil Inventories: A Mixed Picture