zacma, the guy from Morgan's got paid to tell us this.......demand hasn't fallen. What has happened is that oil stores are being drawn down and they will need to be replaced so we will end up where we started.......does he get paid for that kind of analysis?
The interesting thing to know is that oil stores are being drawn down. But we need that bit of information to help build the bigger picture.
I commented to that original post, who is doing the wagging, the dog or the tail. In other words, are stores being drawn down because of the bigger picture. Maybe the draw down of oil stores aren't the big picture that the Morgan's guys analysis would have us believe.
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