US-based energy consultant ESAI has described the crude market as playing the inventory waiting game. In its May 15 Atlantic Basin Stockwatch report, ESAI said: “Global product stocks and US crude stocks remain tight. In a market periodically rocked by political developments, these lean stocks are providing a lot of support to prices. Even so,…
MARKETS: ESAI says crude stocks in tug of war between rising thru’put and ample import availability
Posted on May 27, 2003 by EnergyAsia