October 4, 2024 02:19 PM GMT M Update Oil Data Digest | Europe US Oil Supply and Demand US oil demand returned to positive YoY growth in July, rising by 440 kb/d on stronger summer demand for travel fuels. A hurricane and unplanned outages caused US refinery throughput to dip marginally. However, runs remained high vs historical levels, driving crude storage draws and product builds. Total US crude production stayed broadly flat in July, averaging an output of 13.2 mb/d. This is 95 kb/d lower than the July ...