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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Dennis Roth who wrote (183021)3/21/2014 8:37:18 AM
From: Dennis Roth3 Recommendations

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Energy Weekly: Oil Demand Growth Is Weaker Than It Seems —
High Non-OECD Stocks Help Explain The Conundrum Of Robust
Supply Growth, Low OECD Inventories But Still Weak Margins
19 March 2014 ¦ 16 pages ir.citi.com

The IEA, EIA and OPEC see slack global oil balances, as non-OPEC supply
growth outpaces global demand growth. Yet two observable trends seem to
counter these bearish expectations – namely that non-OPEC supply is growing
exceptionally fast, yet observed OECD inventories are exceptionally low. These
two combined would seem to indicate robust demand growth. So why is that the
low stocks of refined products have
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