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EnergyReader · 2026-08-05 22:31

Macquarie Calls Crude Build as German Demand Slide Pressures ULSD

By EnergyReader Newsroom ·
Macquarie strategists, in a report sent to Rigzone on Wednesday (2026-08-05), forecast a U.S. crude oil inventory build in the upcoming EIA weekly petroleum status report, a swing from the 7.17 million barrel draw recorded the prior week. NYMEX ULSD front-month sat at $3.80 a gallon as of Wednesday (2026-08-05), up 0.53% on the day. The demand evidence needed to carry prices higher is deteriorating.
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