RE:Global Oil Demand Rebounded By 2 Million Bpd In AugustWhat about all the recession talk? Higher rates etc?
Oh right near record low historical unemployment...yes must not forget this.....lots of people driving to work...first and second jobs.
"Unemployment rate falls to 3.5% in September, payrolls rise by 263,000 as job market stays strong"
https://www.cnbc.com/2022/10/07/jobs-report-september-2022.html riky144 wrote: https://oilprice.com/Energy/Energy-General/Global-Oil-Demand-Rebounded-By-2-Million-Bpd-In-August.html
it quickly goes back to 90. We only need $ 60 to have BTE at $ 20 next year.