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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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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…
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fortune.com
Why oil’s not at $200 after the biggest supply shock in history | Fortune
Global inventories are drawing down at a record pace, leaving the market increasingly vulnerable to fresh disruptions.
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thedailystar.net
Depleted oil inventories raise spectre of fresh price spike
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…
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brookings.edu
From chokepoint to crisis: The Strait of Hormuz and global oil markets | Brookings
Oil prices are likely to rise further as the Strait of Hormuz remains closed, and once it opens, the market will take months to normalize.