The IEA organizing strategic reserves from Europe has helped to calm the market. A couple of refineries have restarted and a couple more are preparing to resume output soon. With the official end to the driving season in the U.S., sentimentally people think that demand is going to ease.
More Quotes from Veronica Smart:
The only refineries that could use it (the emergency oil) are the ones who are up and running and working, and every day (that) another refinery closes is just another million-barrel loss for the market.Veronica Smart
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