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Disconnected Oil Futures Market Could See Price Spike within Weeks | OilPrice.com
Global oil inventories are being depleted at a record pace, as governments draw down strategic reserves and stored crude to offset lost supply, while U.S. fuel stocks have fallen to multi-year lows.
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oilprice.com
Global Economy Is One Oil Price Spike Away From Trouble | OilPrice.com
Markets may be underestimating the risk, with traders betting on a Hormuz reopening even as physical oil stocks approach critically low levels and tanker traffic remains disrupted.
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energyintel.com
Oil Plunges as Traders Weigh Resilient Market, Peace Hopes
US assertions that a peace deal is imminent and growing evidence of oil market resilience to the Mideast supply shock are exerting downward pressure on prices.
