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March 12, 2018 Charts

Oil demand exceeded supply by 0.9 MMB/d in Q4; US crude stocks gained just 2.4 MMB; Sabine Pass LNG sent its 1st shipment to India

Broad equity markets pulled back last week; US oil production fell by 108 MB/d in December; Speculator WTI bullishness rose again

Equities have rallied following the correction; New Chart: Canadian Petroleum by Rail; New Chart: US Crude Oil Imports

Broad equities recovered some of their losses; WTI rebounded by 4% last week; The 2017 oil supply deficit was 0.44 MMB/d