Weekly Crude Build Overpowers Gasoline Draw According to Macquarie Analysts
Monday, 10 June 2024, 19:18
Market Update: Macquarie Analysts Predict
Macquarie's report highlights a notable weekly trend in the energy sector. While the crude inventories are on the rise, notably outweighing the decline in gasoline stocks, experts predict a shift in market dynamics.
Expert Analysis and Potential Impacts
- Crude Build: Weekly inventory levels show a significant build-up.
- Gasoline Drawdown: Contrasting the crude trend, gasoline reserves dip.
- Macquarie's forecast presents challenges and opportunities for investors.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.