VOL. XXXIV
NO. 7
19 NOVEMBER 1990
Supply/Demand
October Stockdraw Put at 8mn Barrels
According to the 15 November issue of Stockwatch, the monthly publication ofEnergy Security Analysis Inc. (ESAI), global petroleum inventories decreased by8mn barrels (258,000 b/d) in October. Stockwatch comments: "In terms ofeconomic fundamentals, the market is suspended between the reality of thecurrent adequacy of crude supplies, and the promise of a tighter market whenrefinery operations begin their normal...
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