Topic
global-crude-inventories
1 stories related to this topic, newest first.
rigzone.comfinance71 days ago
Middle East Oil Supply Drops by One Million Barrels Amid Ongoing Conflict and Global Inventory Decline
The ongoing Iran War has resulted in a one-million-barrel loss in Middle East oil supply, according to reports. Global crude inventories are undergoing a dramatic drawdown, yet oil prices have not yet reflected the war's impact. ANZ analyst Daniel Hynes stated that this inventory…