Post by
soundandfury on Jul 07, 2022 11:28am
Biden exported +5 million barrels to europe and asia
And they still show inventory up 8.2 million barrels.........so despite a +5million barrel draw out of spr the oil inventory still rose by 8.2 million .........this seems bearish to say the least............https://www.google.com/amp/s/nypost.com/2022/07/06/joe-biden-exports-oil-barrels-despite-us-gas-prices-report/amp/
Comment by
Moemoney42 on Jul 07, 2022 12:25pm
From the BTE BB.. EIA Demand up on all categories US implied oil demand (product supplied) rose by 467kbpd w/w to 20.464mbpd last week w/w changes in kbpd gasoline +491 jet fuel +321 distillate +814