Fundamentals

Demand: Summer Provides Buoyancy Despite Economic Risks

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August welcomed a late-summer boost in demand, particularly in the industrial and freight sectors, but also petrochemicals and jet fuel. OECD led the uptick as demand in this group of countries amounted to 47.3 million barrels per day, up over 300,000 b/d compared with July.

Topics:
Oil Demand, Oil Forecasts, Oil Prices, Oil Products, Oil Prices, Tariffs
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