Order SREA Reports
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
You have 5 more viewings!
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
You have 4 more viewings!
You have 2 more viewings.
Unfortunately, you have no more viewings.
Gasoline and distillate inventories increased as well. This is also following OPEC production cuts led by Saudi Arabia bringing the OPEC daily production average down by 797,000 barrels per day. OPEC’s new daily average is at 30.81 million barrels. However, the concept that a production cut will keep oil prices aloft may unravel quickly. Most market forecasters have had their eyes on China as their environmental initiatives gain traction and momentum. But with an estimated drop in demand of 181,000 barrels per day, Germany’s decline in oil demand may keep oil markets soft in the medium term. The continued strength of the dollar is also going to impact oil prices.
Back to Main