Sept hit record high for month, Interesting..but recession right?
"Cornerstone Analytics
Macro Oil Oliver Parsons
@CornerstoneOil
~~ Many asserting global oil demand has collapsed. WE DISAGREE
Sept hit record high for month,
past 5 months all ABOVE pre-Covid 2019 rate
Global oil inventories DREW during Sept (still despite SPR!) making 7/9 months this year
Doesn’t sounds like a collapse to me