Standard Chartered warns the rapid SPR drawdowns and other emergency measures are only temporary fixes, with physical oil market tightness likely to return once reserve releases end.

As countries scramble to tap all available inventories amid the protracted Mideast supply shock, the US is leading the charge on releasing supplies from its strategic reserves.

Standard Chartered warns the rapid SPR drawdowns and other emergency measures are only temporary fixes, with physical oil market tightness likely to return once reserve releases…

Global oil inventories are being depleted at a record pace as restricted Strait of Hormuz flows tighten physical markets and raise the risk of another price surge.

America's emergency oil reserve is shrinking at a record pace. Find out why the SPR buffer is disappearing as oil tops $100.

Emergency US oil reserves hit near two-year low amid global supply shock

" ... implied oil price would be $208/bbl, and if the demand elasticity was 0.1 prices would approach $372/bbl."