zerohedge on Nostr: The Biden admin will not stop fabricating data and draining the SPR to push the price ...
The Biden admin will not stop fabricating data and draining the SPR to push the price of oil lower
Quoting @JavierBlas:
OIL MARKET: As I had expected (again), @EIAgov has **massively** revised US demand for April upward based on monthly data (from the early estimate based on weekly).
Total US oil demand pegged at 20.446m b/d in April, up from initial estimate of 19.671m b/d (+775,000 b/d) #OOTT
Quoting @JavierBlas:
OIL MARKET: As I had expected (again), @EIAgov has **massively** revised US demand for April upward based on monthly data (from the early estimate based on weekly).
Total US oil demand pegged at 20.446m b/d in April, up from initial estimate of 19.671m b/d (+775,000 b/d) #OOTT