#oil-inventories
Goldman Sachs Sounds Fresh Alarm on Global Oil Stockpiles
Global oil inventories are falling at an accelerated rate, Goldman Sachs has warned, noting April draws from inventories had run at double the rate until the end of March. Since the start of May, global draws from inventories have been running at 8.7 million …
Iran War Is Draining World’s Oil Buffer at an Unprecedented Pace
The world has burned through oil inventories at a record speed as the Iran war throttles flows from the Persian Gulf, eating into the very buffer that protects against supply shocks.