Apple’s “Holy Grail Of Data” Leaves Oil Traders Disappointed

If there was anything certain to come out of the COVID-19 pandemic, it is that the oil market and its participants are struggling to guesstimate how long overall demand will be depressed and how quickly it will recover in various regions of the world. When the only certain thing is uncertainty, analysts and traders once again realized that they don’t have the ultimate data point about real-time or near-real-time demand.   They continue to guesstimate while collating data from various sources. And they continue to search for the data point…