Early signs of social distancing fatigues
It is day 49 since Covid-19 was declared a global pandemic. There are signs of social distancing fatigue. Some data points to early signs of an easing in social distancing, based on state policies, or perhaps just the psychological impact of being inside for as long as people have been.
1, Oil inventory rose less than expected, gasoline saw surprise draw
This week’s EIA report saw inventories for gasoline dropped by 3.7M barrels over the last week even though refineries were producing an additional 300k barrels per day compared to…