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OECD Oil Stocks Drop to Lowest Level Since 1990, IEA Reports - Novinite.com - Sofia News Agency
Oil inventories across OECD member states fell in May to their lowest level since 1990, according to the International Energy Agency (IEA), as governments drew down strategic reserves to offset supply disruptions linked to tensions in the Persian Gulf during the Middle East conflict. The IEA reported that since the beginning of the crisis, stocks in OECD countries have dropped by around 163 million barrels.
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economictimes.indiatimes.com
US emergency oil stockpile plunges to lowest level since Reagan era amid West Asia war
America's emergency oil reserve has fallen to its lowest point since 1983. This significant drop follows extensive releases to manage economic impacts from global conflicts.…
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thehindu.com
OECD oil stocks fall to lowest level since 1990: IEA
OECD oil stocks hit their lowest since 1990 as conflicts spur significant drawdowns, reports the IEA.
