US demand and trade – July 2019

Published at 21:38 30 Sep 2019 by . Last edited 10:02 1 Oct 2019.

US oil demand rose y/y by 60 thousand b/d to 20.74 mb/d in July, an 0.43 mb/d downward revision from the weekly EIA estimates—we had expected a smaller adjustment of 0.2 mb/d. Combined demand for the four main products fell by 0.15 mb/d, led by gasoline.Gasoline demand fell by 0.16 mb/d y/y to 9.48 …

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