IEA Oil Market Report for May (5-16-2018)
Posted: Wed May 16, 2018 8:50 am
IEA Oil Market Report dated May 16, 2018: "OECD commercial stocks declined counter-seasonally by 26.8 mb in March to 2,819 mb, their lowest level since March 2015 and 214 mb below year-ago levels. In the process, they fell 1 mb below the five-year average."
Always keep in mind that IEA is funded by countries that want lower fuel prices.
Summary of report here: https://www.iea.org/oilmarketreport/omrpublic/
Always keep in mind that IEA is funded by countries that want lower fuel prices.
Summary of report here: https://www.iea.org/oilmarketreport/omrpublic/