EIA: US refined products consumption at 15-year low

Source: Forexfactory
EIA reported that average four-week demand for the refined products in the US tumbled to the 15-year low. The demand for such products as distillates and gasoline declined to 18.05 million barrels per day, indicating a 6.7% annual fall. Gasoline demand decreased by 6.1% while consumption of distillates fell by 5.9% on a yearly basis. At the same time, crude oil stockpiles hit almost 10-year high last week, the EIA deed.


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