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Analysis:Global oil inventories depleted, next price spike could roil economies, markets
HOUSTON/NEW YORK, June 5 : Global oil inventories are running dangerously low as a deal to re-open tanker traffic through the Strait of Hormuz has proven elusive, and industry executives and analysts warn there could be another oil price shock in the coming weeks, severe enough to upset broader financial markets.
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cbc.ca
Higher oil and gas prices coming soon, industry and analysts warn | CBC News
Energy executives and analysts are warning that oil and gas prices will likely rise significantly as the Strait of Hormuz remains closed and stubborn demand burns through…
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washingtonexaminer.com
Mother of all oil shocks: Even larger crisis looms over Strait of Hormuz standoff
The artificial manipulation of oil prices will cease sooner rather than later, and the impact on the global oil market will be massive.
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energyintel.com
Oil Tanker Markets Brace for Lasting Impacts
Insiders see little chance of freight rates returning to prewar levels anytime soon, due to both shifting trade flows and the evolving strategies of fleet operators and traders.
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channelnewsasia.com
Analysis:Global oil inventories depleted, next price spike could roil economies, markets
HOUSTON/NEW YORK, June 5 : Global oil inventories are running dangerously low as a deal to re-open tanker traffic through the Strait of Hormuz has proven elusive, and industry…