Red-hot fuel demand can't shore up the oil price alone

Sales of transport fuels have exceeded all expectations this year, making demand from reviving economies the mantra of bulls who say the oil price is well on the mend. Growing stocks, and early stress signals for some oil products, such as diesel, are throwing a cautionary signal to those who believe the shale oil-driven glut in physical crude markets will be absorbed by demand alone. Gasoline consumption has bounced far higher, with U.S. drivers joining those in India, Indonesia and China in driving more often, and in some cases in less fuel efficient cars.

Red-hot fuel demand can't shore up the oil price alone source: http://finance.yahoo.com/news/red-hot-fuel-demand-cant-125418483.html