Wednesday, June 10, 2020

Gasoline Demand -- June 10, 2020

Link here -- scroll to bottom of the page at that link.

Looking for any bit of good news --- not much here --- hate to see the four-week average leveling off ---


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Clearing Out The In-Box

The gap between the top 10% and the rest widens:


Saudi exports in May, 2020, if this is accurate, this is absolutely amazing. Less than six million bopd is not all that much for a country like Saudi Arabia. This really surprises me.


Goldman Sachs is doing well. I would love to make some comments but my comments would be misunderstood and taken out of context. Better part of valor is to hold my thoughts:

2 comments:

  1. Goldman's making money on oil again now; they forecast this week's price drop and probably shorted into it..

    ReplyDelete

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