Supply/Demand balance… IEA, EIA

by Jim Colburn • Friday, April 13, 2018

Two charts from the monthly oil market reports of the International Energy Agency and the Energy Information Agency  show how they differ significantly… The first chart is from the IEA, showing world demand outstripping supply for the balance of 2018:

The EIA, however, shows stock builds for the balance of the year…

 

 

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