YTD TSA passenger counts show strong demand for U.S. air travel, buoying U.S. jet fuel consumption
Average daily injections into EU natural gas storage facilities improve from 2023 and 2024 but remain below the trailing 10YR median rates. Total EU storage levels are narrowly above the 10YR seasonal median.
A closer look at fund managers' energy market futures and options positioning
But China's March crude imports offer positive demand signal
April CPI data comes in at four-year lows, undermining forecasts that tariff-related costs will pass through to consumers and drive price growth
Global container freight rates hit a 16-month low in May as the aftermath of importers' front-loaded cargoes subsides
The DoE's latest inventory data showed crude inventories at Cushing, OK, remain historically low, a trend shared by U.S. stocks of refined products
April manufacturing sector activity and March trade data put focus on distillate consumption
Investment funds' outlook on Dutch TTF turned significantly less bullish in the last two months as money managers net length in TTF fell more than 72% from Feb 7 through Apr 25.
