U.S. Petroleum Weekly – May 19, 2011
No changes from last week. Weak demand, low distillates stocks, high crude stocks. Driving season ahead.
Global Macro Perspectives
No changes from last week. Weak demand, low distillates stocks, high crude stocks. Driving season ahead.
Initial jobless claims in the U.S. were reported at 409.000 vs. 420.000 consensus and last week revised (up 4.000) reading of 438.000.