16 Apr EIA Update: Solid EIA data, global market weakens, covid rises (again)
This week we cover a lot in our EIA update. From the recently released data by the EIA – that looks solid across the board – and reassessing the global market demand in the wake of another wave of COVID19 and finally the US product demand, Mark takes a deep dive, as always, in the depths of Oil markets.
Segment 1: Solid EIA data across the board – but what does it mean for the markets in the longer run?
Segment 2: Product demand hits its stride
Segment 3: Global market weakens as COVID19 rises . . . again.
By: Osama Rizvi; Energy Market Analyst at Primary Vision Network