Gasoline demand continues to stay strong

$WTI Crude Oil - main 2307(CLmain)$ $Micro WTI Crude Oil - main 2307(MCLmain)$ $Brent Last Day Financial - main 2308(BZmain)$ $E-mini Crude Oil - main 2307(QMmain)$

Even though stocks are building, the implied product demand moved higher for the week ending June 9/2023, mainly due to a big jump in other oils demand. Gasoline demand continues to stay strong.

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The implied product demand moved slightly lower for the week ending June 2/2023, mainly due to a big drop in other oils demand. That said, gasoline demand continues to stay above 2022 levels.

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YTD (through 23 weeks) crude oil demand/supply breakdown compared to previous years.

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Crude oil, gasoline, and jet fuel stocks change through the first week of the driving season.

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Cracks cannot be bothered. Again it's more to do with supply than demand.

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Gasoline demand continues to stay strong.</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/5e41ce8d8f45f80533e59a02816fab58\" tg-width=\"680\" tg-height=\"352\"><span>Image</span></p><p>The implied product demand moved slightly lower for the week ending June 2/2023, mainly due to a big drop in other oils demand. That said, gasoline demand continues to stay above 2022 levels.</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/708d30fd79989fee12e2a57f612ac4ea\" tg-width=\"680\" tg-height=\"348\"><span>Image</span></p><p>YTD (through 23 weeks) crude oil demand/supply breakdown compared to previous years.</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/77ada91003630c6c1e1638bcf51e0c45\" tg-width=\"679\" tg-height=\"217\"><span>Image</span></p><p>Crude oil, gasoline, and jet fuel stocks change through the first week of the driving season.</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/fc71f5d022c1be9116ffbbef01da732c\" tg-width=\"680\" tg-height=\"478\"><span>Image</span></p><p>Cracks cannot be bothered. Again it's more to do with supply than demand.</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/824efd94a2fce93aa766407882f32501\" tg-width=\"680\" tg-height=\"435\"><span>Image</span></p></body></html>","htmlText":"<html><head></head><body><p> <a data-mention-id=\"CLmain\" class=\"teditor-mention\" data-mention-name=\"WTI Crude Oil - main 2307\" href=\"https://ttm.financial/FUT/CLmain\">$WTI Crude Oil - main 2307(CLmain)$</a>  <a data-mention-id=\"MCLmain\" class=\"teditor-mention\" data-mention-name=\"Micro WTI Crude Oil - main 2307\" href=\"https://ttm.financial/FUT/MCLmain\">$Micro WTI Crude Oil - main 2307(MCLmain)$</a>  <a data-mention-id=\"BZmain\" class=\"teditor-mention\" data-mention-name=\"Brent Last Day Financial - main 2308\" href=\"https://ttm.financial/FUT/BZmain\">$Brent Last Day Financial - main 2308(BZmain)$</a>  <a data-mention-id=\"QMmain\" class=\"teditor-mention\" data-mention-name=\"E-mini Crude Oil - main 2307\" href=\"https://ttm.financial/FUT/QMmain\">$E-mini Crude Oil - main 2307(QMmain)$</a> </p><p>Even though stocks are building, the implied product demand moved higher for the week ending June 9/2023, mainly due to a big jump in other oils demand. Gasoline demand continues to stay strong.</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/5e41ce8d8f45f80533e59a02816fab58\" tg-width=\"680\" tg-height=\"352\"><span>Image</span></p><p>The implied product demand moved slightly lower for the week ending June 2/2023, mainly due to a big drop in other oils demand. That said, gasoline demand continues to stay above 2022 levels.</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/708d30fd79989fee12e2a57f612ac4ea\" tg-width=\"680\" tg-height=\"348\"><span>Image</span></p><p>YTD (through 23 weeks) crude oil demand/supply breakdown compared to previous years.</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/77ada91003630c6c1e1638bcf51e0c45\" tg-width=\"679\" tg-height=\"217\"><span>Image</span></p><p>Crude oil, gasoline, and jet fuel stocks change through the first week of the driving season.</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/fc71f5d022c1be9116ffbbef01da732c\" tg-width=\"680\" tg-height=\"478\"><span>Image</span></p><p>Cracks cannot be bothered. Again it's more to do with supply than demand.</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/824efd94a2fce93aa766407882f32501\" tg-width=\"680\" tg-height=\"435\"><span>Image</span></p></body></html>","text":"$WTI Crude Oil - main 2307(CLmain)$ $Micro WTI Crude Oil - main 2307(MCLmain)$ $Brent Last Day Financial - main 2308(BZmain)$ $E-mini Crude Oil - main 2307(QMmain)$ Even though stocks are building, the implied product demand moved higher for the week ending June 9/2023, mainly due to a big jump in other oils demand. Gasoline demand continues to stay strong. Image The implied product demand moved slightly lower for the week ending June 2/2023, mainly due to a big drop in other oils demand. That said, gasoline demand continues to stay above 2022 levels. Image YTD (through 23 weeks) crude oil demand/supply breakdown compared to previous years. Image Crude oil, gasoline, and jet fuel stocks change through the first week of the driving season. Image Cracks cannot be bothered. Again it's more to do with supply than demand. Image","highlighted":1,"essential":1,"paper":2,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/187472308379656","repostId":0,"isVote":1,"tweetType":1,"viewCount":496,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["BZmain","MCLmain","QMmain","CLmain"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":697,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/187472308379656"}