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Page added on July 11, 2012
OPEC says Liquid Fuel Down Slightly
The graph is above. I’m sure the decline is not in any way statistically significant, but still it reinforces the impression that growth in the liquid fuel supply stopped in January of this year. It’s been essentially flat since then. With prices not rising, that suggests a weak global economy.
The IEA will release the OMR tomorrow, so we may get another data point then.
One Comment on "OPEC says Liquid Fuel Down Slightly"
BillT on Thu, 12th Jul 2012 1:37 am
“OPEC says Liquid Fuel Down Slightly”
Did someone drink too much vodka? ^_^