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Latest Analysis / Short-term Global Oil Service

US Oil Monthly

Published: 17 January, 2020

Highlights:

  • Products Demand: Total product demand slightly negative y-o-y in 2019
  • Refining & Products Balances: Naphtha and fuel oil surplus grow in 2020
  • Stocks: Gasoline and distillate stocks end 2019 above 2018 levels
  • Crude Supply: US/China trade deal – a return to the norm

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