How Do Supply and Demand Affect the Oil Industry?

Blog header Oil Barrels over market

It can be complicated and confusing to keep up to date with trends in supply and demand in the petroleum products industry. Suppliers in the market make decisions and change prices throughout the day. Quick reactions and adaptability will empower your company’s pricing optimization strategy.

What is Demand Destruction and Should We Be Worried?

Blog header Oil Barrels on market graph

Fears over potential demand destruction for refined fuels are not surprising at all. When reading headlines, it’s natural to be nervous about the short-term and long-term impacts on the energy market – but is demand destruction an actual concern?