06142021Mon
Last updateFri, 11 Jun 2021 4pm

End-User News

U.S. Petroleum Demand Returning to Normal

According to the American Petroleum Institute, April 2021 evidenced momentum for the broader U.S. economic recovery, as petroleum demand and refining activity rose, supply remained solid and leading economic indicators pointed higher.

Total U.S. petroleum demand of 19.6 million barrels per day (b/d) rose by 2.5% from March and to within 3.5% of its level in April 2019, which was its highest for the month in 11 years. With increased demand but steady supply, the U.S. remained a petroleum net importer in April for a second consecutive month. 

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