May 2019

Published at 10:35 24 May 2019 by

Fundamentals is our monthly review of global oil data, this is the May 2019 edition.Crude oil balance:The latest data releases confirm global stocks drew in Q1 19, with our balance showing a 0.1 mb/d draw over the quarter. The counter-seasonal drop in stocks was mainly a result of underperforming pr…

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