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The latest data from , indicates that is already being affected in the US where prices have moved above $5.00 per gallon and prices are approaching $6.00 per gallon. The latest weekly report from EIA indicates that gasoline demand in the US increased to 9.20 million b/d from the previous week of 8.98 million b/d. However, based on the 4-week average, current gasoline demand is running 535,000 b/d less than for the same period of 2019, which represents a difference of 5.6%.
What's affecting oil prices this week? https://bit.ly/3QlTRfO
06/09/2022
Get a preview of our interactive tool that allows you to develop comprehensive ground-up forecasts of annual global demand. https://bit.ly/3kHIBLL
06/09/2022
Do you need an in-depth understanding of the market environment surrounding fuels? https://bit.ly/3dE8YQ3
06/06/2022
During the previous week there were some newsworthy developments. Firstly, + met on June 3 and decided to increase by 648,000 b/d in July and August. The additional increase stems from bringing forward the planned September volumes and spreading them across July and August with the intent to match the increased associated with the summer months in the northern hemisphere.
Read the outlook ➡️ https://bit.ly/3Q2teMO
06/01/2022
Here is a round-up of recent insights from our experts...
How Much Higher? https://bit.ly/3tsloCP
Regulatory Difficulties May Delay a Majority of US 2022 & Capacity Additions to 2023-2025 https://bit.ly/38714zi
It All Depends on Demand https://bit.ly/3wLDf8i
Improvements Hindered by Domestic Challenges in Asia Pacific https://bit.ly/3wv4rYP
More Moving Sideways https://bit.ly/3PhzRdQ
Announces Emergency Summer Waiver for ; Marginal Impact Expected https://bit.ly/3slWST6
Uncertain vs Tenuous https://bit.ly/3Frug02
Possibility of Price Breakdown https://bit.ly/3s8Cbda
The US is exporting at a significantly higher level than in 2019. With respect to the average of the last four weeks, gasoline have been running at 877,000 b/d, which compares to 595,000 b/d during the same period in 2019.
Read about it...
What's affecting oil prices? https://bit.ly/3tsloCP
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