US demand and trade – May 2019

Published at 20:44 31 Jul 2019 by . Last edited 11:18 22 Aug 2019.

US oil demand fell by 98 thousand b/d to 20.26 mb/d in May, a 0.19 mb/d upward revision from the weekly EIA estimate. We had expected no change to the weekly data. Demand for the four main products fell by 0.42 mb/d y/y, led by diesel (-0.23 mb/d y/y), even though distillate demand was revised highe...

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