{"id":6737,"date":"2020-07-03T10:34:51","date_gmt":"2020-07-03T14:34:51","guid":{"rendered":"https:\/\/www.fundamentalanalytics.com\/?p=6737"},"modified":"2021-04-25T22:01:06","modified_gmt":"2021-04-26T02:01:06","slug":"energy-commentary-july-3-2020","status":"publish","type":"post","link":"https:\/\/www.fundamentalanalytics.com\/pt\/energy-commentary-july-3-2020\/","title":{"rendered":"Energy Commentary July 3, 2020"},"content":{"rendered":"<h5 style=\"text-align: center;\">Demand for Petroleum Products has Decreased<\/h5>\n<p style=\"text-align: center;\">July 3, 2020<\/p>\n<p>The latest EIA energy report lists demand statistics for Total Petroleum Products, termed Product Supplied.\u00a0 It is a measure of overall demand for refined products (Gasoline, Distillates, Fuels, etc.), which had dropped to less than 14.0 million barrels per day.\u00a0 It had been recovering, but the latest statistic shows a drop in demand.\u00a0 This may an indicator of decreasing energy demand as a result of the new dramatic increase in coronavirus cases and hospitalizations.<\/p>\n<p>The chart below can be constructed in the <strong>Fundamental Analytics<\/strong> platform under <strong>Fundamentals &gt; DOE&gt;Total Petroleum Products &gt; Product Supplied &gt; Total US.<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>Total Petroleum Products<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>Product Supplied<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>Latest Data as of Friday, June 26, 2020\u00a0\u00a0 17.35 million barrels per day<\/strong><\/p>\n<p style=\"text-align: center;\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-6738\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2020\/07\/Energy-July-3-Figure-1.jpg\" alt=\"\" width=\"1684\" height=\"1190\" srcset=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2020\/07\/Energy-July-3-Figure-1.jpg 1684w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2020\/07\/Energy-July-3-Figure-1-300x212.jpg 300w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2020\/07\/Energy-July-3-Figure-1-1024x724.jpg 1024w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2020\/07\/Energy-July-3-Figure-1-768x543.jpg 768w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2020\/07\/Energy-July-3-Figure-1-1536x1085.jpg 1536w\" sizes=\"(max-width: 1684px) 100vw, 1684px\" \/><\/p>\n<hr \/>\n<p>If you would like access to the great insights and analysis provided by the Fundamental Analytics platform, sign up for a <a style=\"color: #3366ff;\" href=\"https:\/\/www.fundamentalanalytics.com\/pt\/trial\/\"><strong>15-day free trial<\/strong> <\/a> and <a style=\"color: #3366ff;\" href=\"https:\/\/app2.fundamentalanalytics.com\/webinar\/signup\"><strong>demonstration!<\/strong><\/a><\/p>\n<p>If you have any questions, please contact our Managing Director, Joel Fingerman, at <a href=\"mailto:joel.fingerman@fundamentalanalytics.com\"><span style=\"color: #3366ff;\">joel.fingerman@fundamentalanalytics.com<\/span><\/a><\/p>\n<p>We also invite you to read our other articles and follow us on social media!<\/p>\n<p>Best Regards,<\/p>\n<p>The Fundamental Analytics Team<\/p>\n<p><small><em>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.<\/em><\/small><\/p>","protected":false},"excerpt":{"rendered":"<p>Demand for Petroleum Products has Decreased July 3, 2020 The latest EIA energy report lists demand statistics for Total Petroleum Products, termed Product Supplied.\u00a0 It is a measure of overall demand for refined products (Gasoline, Distillates, Fuels, etc.), which had dropped to less than 14.0 million barrels per day.\u00a0 It had been recovering, but the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6737","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts\/6737","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/comments?post=6737"}],"version-history":[{"count":2,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts\/6737\/revisions"}],"predecessor-version":[{"id":6740,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts\/6737\/revisions\/6740"}],"wp:attachment":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/media?parent=6737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/categories?post=6737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/tags?post=6737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}