GREY:WFREF - Post by User
Comment by
tvstockon Jan 28, 2015 10:30pm
157 Views
Post# 23375391
RE:WCP
RE:WCPhttps://ir.eia.gov/wpsr/overview.pdf
Finished Motor Gasoline = 9022K /day 170K increase from previous week
Gasoline stock decline by 2.6M for the whole week, that is 370K per day average.
That means 170+370 = 540K or 0.54M/day gasoline consumption increase in the last week, in the US only.
Any fault in this estimate?
And, if that is correct, remember global crude glut is 2M/day only.