World oil reserves drain at record pace – Bloomberg
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Disruptions in the Strait of Hormuz are pushing global inventories toward operational ‘stress’ and ‘floor’ levels, the outlet has reported
Global oil inventories are shrinking at the fastest pace on record amid continuing disruptions in the Strait of Hormuz, Bloomberg has reported.
The outlet cited data from Morgan Stanley on Saturday showing that global oil stockpiles fell by about 4.8 million barrels per day between March 1 and April 25. The f
Global oil inventories are shrinking at the fastest pace on record amid continuing disruptions in the Strait of Hormuz, Bloomberg has reported.
The outlet cited data from Morgan Stanley on Saturday showing that global oil stockpiles fell by about 4.8 million barrels per day between March 1 and April 25. The f
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