Global visible stock draws accelerated over the last week, bringing average May month-to-date visible stock draws to a record 8.7mb/d.
Polymarket
Bloomberg·1h ago
World’s Most Fervent Day Traders in Korea to Get Risky New Tools
Will the Bank of Korea make no change to the base rate after the May Meeting?
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The bond market is beginning to force reality onto Washington, and it may ultimately force an end to the Iran war long before…
According to the bank, global stockpiles are shrinking by 8.7 mln barrels per day
"The US gasoline market has become very tight, with inventories drawing at a rapid average pace of 0.7mb/d since April 1st to 5%…
Global oil inventories are being depleted at a record pace as restricted Strait of Hormuz flows tighten physical markets and…
Refiners in the US and India have benefited, although their appetites for Venezuelan crude may be limited, as upstream players…
But the real danger isn’t Nvidia crashing. It’s the zombie laggards suddenly waking up and ripping the short leg straight through…
US Leads World in Oil Strategic Stock Releases
