EIA UPDATE - demand falters, bearish data and spring awakening

EIA UPDATE – demand falters, bearish data and spring awakening

This week’s EIA update brings about much interesting data and analysis. The oil markets are opening up to a new reality: in terms of demand, we still aren’t there yet.

Segment 1: Mark talks about how and why the global oil demand has faltered.

Segment 2: The data from EIA has lately been bearish across the board, why and for how long will this trend continue? Watch the video to find out why

Segment 3: Spring awakening provides a seasonal update – watch the video to find out how.

By: Osama Rizvi; Energy Market Analyst at Primary Vision Network