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The dangerous delusion behind the oil market’s ‘creepy calm’
Don’t be fooled by stable prices and full pumps. The Strait of Hormuz is still effectively closed, and we’re headed into the fuel markets’ busiest time.
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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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economictimes.indiatimes.com
Why oil’s not at $200 after the biggest supply shock in history
Global oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US oil exports and a significant drop in…
