# Comparative Analysis of Monthly Reports on the Oil Market

> A comparison of monthly oil reports from the IEA and OPEC shows OPEC output rose in July after voluntary cuts ended. Jet fuel demand is expected to fall 39% this year, and OECD inventories remain well above the five-year average.

- Date: 2020-08-19 · published 2020-08-19T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/51537-comparative-analysis-of-monthly-reports-on-the-oil-market
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Weak jet demand and high inventories are bearish for crude, offsetting some of the support from OPEC+ restraint.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼
- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2022-04-17 | [Comparative Analysis of Monthly Reports on the Oil Market](https://feedsoft.ai/events/41754-comparative-analysis-of-monthly-reports-on-the-oil-market.md) | -4.8% | +0.5% |
| BRENT | 2020-04-15 | [Oil Market Report - April 2020 - IEA](https://feedsoft.ai/events/4479-oil-market-report-april-2020-iea.md) | -47.7% | +11.5% |
| BRENT | 2018-07-11 | [Oil Market Report - July 2018 - IEA](https://feedsoft.ai/events/7770-oil-market-report-july-2018-iea.md) | -8.7% | -6.2% |
| BRENT | 2025-07-01 | [Oil Market Report - June 2025](https://feedsoft.ai/events/24391-oil-market-report-june-2025.md) | +4.2% | +3.8% |
| BRENT | 2019-08-08 | [Oil Market Report - August 2019 - IEA](https://feedsoft.ai/events/10825-oil-market-report-august-2019-iea.md) | +5.5% | +9.1% |
| WTI | 2022-04-17 | [Comparative Analysis of Monthly Reports on the Oil Market](https://feedsoft.ai/events/41754-comparative-analysis-of-monthly-reports-on-the-oil-market.md) | -4.0% | +3.4% |
| WTI | 2020-04-15 | [Oil Market Report - April 2020 - IEA](https://feedsoft.ai/events/4479-oil-market-report-april-2020-iea.md) | -32.0% | +25.9% |
| WTI | 2018-07-11 | [Oil Market Report - July 2018 - IEA](https://feedsoft.ai/events/7770-oil-market-report-july-2018-iea.md) | -8.2% | -6.7% |

## Sources

- ief.org: https://www.ief.org/news/comparative-analysis-of-monthly-reports-on-the-oil-market-5

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.