Global oil supply buffer shrinks after over 1 billion barrels withdrawn
The global oil market’s supply buffer has shrunk significantly after more than 1 billion barrels were withdrawn from commercial inventories to cushion disruptions caused by the Middle East crisis, leaving the market increasingly vulnerable to further supply shocks. The post Global oil supply buffer shrinks after over 1 billion barrels withdrawn appeared first on Nairametrics.
The global oil market’s supply buffer has shrunk significantly after more than 1 billion barrels were withdrawn from commercial inventories to cushion disruptions caused by the Middle East crisis, leaving the market increasingly vulnerable to further supply shocks.
The post Global oil supply buffer shrinks after over 1 billion barrels withdrawn appeared first on Nairametrics.
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