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Oil's Inventory Cushion Will Run Thin This Summer
The oil market will have to acknowledge that Hormuz is no longer just a price shock. It’s increasingly a physical-balances problem...
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6 prospettive sulla stessa storiaTimeline cronologica
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euronews.com
Oil stocks drain at record pace as IEA warns of renewed price swings
The International Energy Agency says the oil market is likely to remain in deficit until the final quarter of the year, as disruptions at the Strait of Hormuz continue to…
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energyintel.com
Inventories Insulate Oil Demand, But Time Is Running Out
Consumers have tapped surplus oil-on-water and near-record stocks to mitigate supply losses from Hormuz's near-closure. But such draws are becoming unsustainable.
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zerohedge.com
"Pushed Into Poverty": Somalia’s Currency Crisis Leaves Traders Holding Worthless Cash
“It’s like we went bankrupt overnight.”
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Stocks hit as Yields/Energy firm on renewed fears of US-Iran conflict resumption - Newsquawk US Market Open
US President Trump said it's just a question of time regarding Iran, but added that he is not going to be much more patient with Iran.
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Oil's Inventory Cushion Will Run Thin This Summer
The oil market will have to acknowledge that Hormuz is no longer just a price shock. It’s increasingly a physical-balances problem...
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Futures Tumble As Reality Returns And Yields, Oil And Dollar Soar
"With a background of bond markets looking unsettled, with the problem of inflation, with the Strait of Hormuz not having a solution out of that Summit, I think there definitely…
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cnbc.com
Global oil stockpiles could hit record lows if Strait of Hormuz remains closed
The world's oil stockpiles could approach all-time lows by the end of May due to the Strait of Hormuz closure, according to UBS.
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fortune.com
Oil markets could be a month away from the moment of truth. Brace for a 'non-linear' price spike and panic buying, analysts warn | Fortune
Oil prices could top $130-$140 a barrel next month if the strait remains closed and inventory depletion rates remain steady, according to Capital Economics.
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ynetnews.com
Jet fuel fears rise as Hormuz crisis drains accessible global oil inventories
IEA data shows onshore inventories fell sharply while more crude is stuck at sea, making supplies harder to access quickly; if the trend continues, analysts warn oil could climb…