November US oil deliveries at decade low despite price drop: API

摘要

Houston-November's US petroleum products demand statistics delivered a clear verdict on the state of the economy, with deliveries down 7.4% from last year to the lowest November level in a decade despite a 30% decline in the price of gasoline. "The decline in oil demand reflects the nation's faltering economy," said Ron Planting, manager of information and analysis for the American Petroleum Institute, in releasing the organization's November data December 17.