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EIA Shows Lowest Seasonal Distillate Implied Demand Since 2015

OIL

The latest weekly EIA data showed the four week distillate implied demand fell to the lowest seasonal level since 2015 helping total distillate stocks to reach the highest since Jan 2021.

  • Gasoline four week implied demand also declined further back towards 2020 levels but roughly in line with seasonal expectations.


Source: MNI / EIA

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