Gasoline demand is growing despite pump prices

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 10, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
    Likes Received:
    The one thing about market bulls are that they are totally consistent, ie they can find a silver lining in almost any cloud. Yesterday’s EIA inventory stats were a perfect case in point, stocks built by another nearly 4 million barrels and were at all time highs pretty much everywhere and well higher than the scribbling kids had been expecting. But no, this is time to look at the product numbers and why, because gasoline drew 4.5m barrels and distillates 1.1m which trumps the crude number

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