U.S. PETROLEUM DELIVERIES UP TO 19.9 MBD
API - Total petroleum deliveries in November rose to 19.9 million barrels per day. This was the strongest November monthly demand since 2007. Cumulatively through the first 11 months of the 2017, total domestic petroleum deliveries rose by 0.9 percent, which exceeded demand growth in 2016 despite higher prices.
"With sustained strength in the U.S. and global economies, petroleum demand remained strong despite higher prices than last year," said API Chief Economist Dean Foreman. "Resilient supply continued to outpace demand in November, yet inventories experienced…
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