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Product Supplied of Petroleum Products Vs. Oil Demand

EIA uses WPSR estimates of product Supplied as a proxy for consumption because it measures the removal of Petroleum Products from the primary supply chain for ultimate delivery to consumers.


Starting in 2021 we see a large decrease in product supplied. This could mean that demand is slowing for Petroleum products.
 





This post first appeared on Correlation Economics, please read the originial post: here

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Product Supplied of Petroleum Products Vs. Oil Demand

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