EIA UPDATE – “Surprise” build, sluggish demand, rising COVID19
We are back with another interesting week, with a deeper dive into data by the EIA and demand. Stay tuned for many other interesting updates regarding the Global Economy and Frac Spread Count.
Segment 1: There was a “surprise” build reported by EIA in the U.S. products. Mark discusses why in this episode below:
Segment 2: Despite rising stimulus’ and hopes, a sluggish demand still persists.
Segment 3: Global Market has once again been facing headwinds as COVID19 continues to rise across the world. Brazil registered 4,000 deaths in the last 24 hours.
By: Osama Rizvi; Energy Market Analyst for Primary Vision Network