Wednesday, May 15, 2024

Weekly EIA Petroleum Report -- Global Oil Demand Forecast Certainly Doesn't Suggest Recession, Stagflation, Or Global Slowing -- May 15, 2024

Locator: 47158B.

Weekly EIA petroleum report:

  • US crude oil in storage dropped again, from 3% to 4% below the five-year average
  • refiners upped their activity from 88% to 90%
  • jet fuel supplied was up a very, very nice 3.7% compare with a year ago

Oil demand forecast:

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