US gasoline demand
[Skip to the end] While demand has been falling, it’s only down about 500,000 bpd year over year. World demand is growing faster than that
September 24, 2008
[Skip to the end] While demand has been falling, it’s only down about 500,000 bpd year over year. World demand is growing faster than that
[Skip to the end] Saudi Oil Output The Saudi production increase tells me world demand was up, even at the higher prices. Yes, US demand
Iraqi Oil Minister Sees No Output Change from OPEC (Reuters) Iraq’s oil minister Hussain al-Shahristani said on Thursday there was no sign of any shortage
Major themes intact: weak economy higher prices Weakness: US demand soft but supported by exports. US export strength resulting from non resident ‘desires’ to reduce