Wednesday, August 25, 2010

USO update, No shortage of oil

10:30*DOE CRUDE: +4.1M V +400KE; GASOLINE: +2.27M V -300KE; DISTILLATE: +1.76M V +1ME UTILIZATION: 87.7% V 89.5%E
- Distillate demand -45K bpd to 3.63M bpd
- Gasoline demand -84K bpd at 9.XXM bpd (related USO OIH )
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