Fundamentals August 2019

Published at 13:36 22 Aug 2019 by . Last edited 14:51 22 Aug 2019.

Fundamentals is our monthly review of global oil data, this is the August 2019 edition.Crude oil balance:We have increased our Q2 19 build to 0.2 mb/d following a 0.1 mb/d downward revision to East of Suez runs.We have cut our Q3 19 draw by 0.3 mb/d to 2.1 mb/d amid unplanned refinery outages and we…

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