Oversupply of Distillate Stocks

August 14, 2020

Total Distillates Stocks remain high and counter seasonal.  The counter seasonal growth in Distillate Stocks starting in mid-March and now reaching record highs is another example of the economic impact of COVID-19.  With the collapse in the demand for jet fuel and the large reduction in manufacturing, the demand for distillates has been dramatically reduced.  Thus, the oversupply of unneeded distillates is illustrated by the growth and record levels of distillates stocks.

The chart below can be constructed in the Fundamental Analytics platform under Fundamentals > Distillates Fuel > Stocks > Total US.


If you would like access to the great insights and analysis provided by the Fundamental Analytics platform, sign up for a 15-day free trial and demonstration!

If you have any questions, please contact our Managing Director, Joel Fingerman, at joel.fingerman@fundamentalanalytics.com

We also invite you to read our other articles and follow us on social media!

Best Regards,

The Fundamental Analytics Team

The information provided here is for general informational purposes only and should not be considered individualized investment advice. All expressions of opinion are subject to change without notice in reaction to shifting market conditions.

Leave a Reply

Your email address will not be published. Required fields are marked *