Oil Demand

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dan_s
Posts: 37318
Joined: Fri Apr 23, 2010 8:22 am

Oil Demand

Post by dan_s »

Good article by Phil Flynn:
http://www.investing.com/analysis/just- ... -200123370

We are now just a few weeks away from the annual period when demand for oil ramps up. IEA says demand for liquid fuels will increase by approximately 2 million barrels per day from Q1 to Q3. Refiners see this coming and they will begin to ramp up gasoline and diesel production in April.

There are already clear signs that gasoline demand is picking up.
Dan Steffens
Energy Prospectus Group
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