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Global oil stockpiles could fall to ‘critical levels’ by summer, IEA warns
Even China’s inventories are now starting to decline, with Gulf oil supplies likely to take months to recover even if a peace deal is agreed.
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oilprice.com
IEA: Global Oil Stocks on Track for Historical Lows Ahead of Summer Peak | OilPrice.com
The IEA warns global oil stocks could hit historical lows this summer as Hormuz-driven supply losses and record SPR drawdowns collide with peak seasonal demand.
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cryptobriefing.com
International Energy Agency warns of critically low oil stockpiles before summer demand peak
The IEA warns global oil inventories may hit historic lows before peak summer demand, with 250 million barrels drawn in two months amid Gulf supply losses.
