It’s as Simple as Supply vs. Demand
Real Vision: Finance & Investing
00:00
The Supply and Demand for Oil
The oil price is one of the most major data points that you can follow right now. You know, use the oil price to help navigate your way around the equity markets. The global oil market will look over there at the US paper market and see, man, they are spilling the US crude oil market lower with those SPR sales. That doesn't change the fact that we've got diesel stocks that are running well below five-year averages.
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