Sevens Report Co-Editor, Tyler Richey, Quoted in Morningstar on June 15th, 2023

Oil prices climb as traders weigh prospects for energy demand

Tyler Richey, co-editor at Sevens Report Research, pointed out that the EIA showed that the four-week moving average of gasoline supplied, a proxy for consumer fuel demand, rose to a new 18-month high of 9.24 million barrels a day. That suggests that the trend in gasoline demand is “one that is increasing, and that is a good thing for the time being,” he said. Click here to read the full article.