Slide 3 of 25
Notes:
- The remainder of the presentation on distillates will cover how crude markets have changed to impact crude oil prices and thus distillate prices, and how this market led to the low stock environment we are currently experiencing.
- After seeing where distillate stocks now stand, we will explore the factors that impact stocks for the upcoming winter.
- Demand and supply will both be reviewed, followed by the outlook for each of these factors.
- Finally the outlook for inventories and prices will be presented.