US demand and trade – Jan 2019

Published at 18:59 29 Mar 2019 by

US oil demand fell y/y by 9 thousand b/d to 20.45 mb/d in January, a 0.6 mb/d downward revision from the weekly EIA estimates—we expected a 0.7 mb/d downward revision, due to the government shutdown. Demand for the four main products dropped by 31 thousand b/d y/y, led by 39 thousand b/d and 3…

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