Rising Inventories Impact Fuel Markets
Challenging Road Ahead: Rising Fuel Inventories Fluctuate Crack Spreads, Hinting at Refinery Slowdown
Despite a tumultuous week, oil futures have managed to claw back gains lost following OPEC’s pivotal June 2 decision to boost crude oil production by approximately 2.2 million barrels per day later this year. Conflicting Demand Projections A battle of demand forecasts has emerged, with …