Kang Wu of S&P Global Commodity Insights says oil demand could increase by 4 million barrels a day from now to August.
Oil prices could reach above $85 but stay under $90 in coming months, S&P Global
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Kang Wu of S&P Global Commodity Insights says oil demand could increase by 4 million barrels a day from now to August.
now WTI is 69.72
Oil demand for Memorial day was LOWER than expected! They expected it to rise 6% vs 2022 but it DROPPED by 1.1% vs 2022!
@Adam Smith Gasoline demand, not oil demand. Meanwhile China just broke all time records for oil imports and usage. Wait for API report.
Air travel was 9.8 million over Memorial Day Weekend, 300k people above 2019 levels over Memorial Day weekend. But yes, energy demand is falling off a cliff, lol. Ridiculous.
All Stores Please Lower the price of all Military and Local for all Brands of Oil Products and Accessories and Production Cost Now That’s too much $$ The Whole World Now 🙏🙏🙏