#stockpiles
Exxon and Chevron warn oil could hit $160 as Iran war pushes stockpiles to really low levels
BREAKINGWorld News Today Live Updates on May 31 , 2026 : Exxon and Chevron warn oil could hit $160 as Iran war pushes stockpiles to really low levels
China Boosts Oil Stockpiles Despite Import Plunge
China appears to continue sending crude into strategic and commercial reserves despite the plunge in its imports and the world’s biggest-ever supply shock. China likely sent 430,000 barrels per day (bpd) of crude to reserves last month, according to estimates…