Daily Energy Report

Daily Energy Report

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Daily Energy Report
Daily Energy Report
Daily Energy Report

Daily Energy Report

US oil demand, EU GHG emissions, Saudis might cut prices, OPEC output recovers, EU vertical gas corridor, LNG sanctions on Russia, Oil most productive US industry, German car fail, and more.

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A F Alhajji
Nov 01, 2024
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Daily Energy Report
Daily Energy Report
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Chart of the Day: US Oil Demand Remains Below COVID Levels

Summary

US oil demand increased in August, and turned out to be higher than the estimates, according to the EIA. Gasoline demand was relatively flat YoY. Distillate demand declined significantly by 177 kb/d YoY, but jet fuel demand increased by 81 kb/d and NGL demand increased by 245 kb/d. 

EOA’s Main Takeaway

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