U.S. Petroleum Weekly – July 28, 2011
Demand weakened in recent weeks, crude oil stocks rose, distillates stocks rose.
Global Macro Perspectives
Demand weakened in recent weeks, crude oil stocks rose, distillates stocks rose.
Initial jobless claims in the U.S. were reported at 398.000 vs. 425.000 consensus and last week revised (up 4.000) reading of 422.000.
Four week moving average declining.
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