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You are here: Home Archive 2010 May Weekly Edition 13th May 2010 US distillates demand sees oil products hit 2010 high

US distillates demand sees oil products hit 2010 high

by Liz McCarthy, London last modified May 17, 2010 10:08 AM

US DEMAND for oil products has risen to a 2010 high, as improving industrial production boosts trucking and railway transportation and increases the need for distillates.

Total oil product demand climbed last week to 19.5m barrels per day, up 8% year-on-year and increasing more than 1m bpd on the previous week to April 23, according to data from the Energy Information Agency.
“EIA data showed very...

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