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The world has nearly burned through its oil stockpile buffer, executives say
Executives said less than 6 billion barrels of commercial inventories remain, with only 10% or less practically available.
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6 Articles
6 Articles
The Korea Times+2 Reposted by 2 other sources
The world has nearly burned through its oil stockpile buffer, executives say
LONDON — The amount of oil in storage that is accessible to the global market is running low, industry executives said at a forum in London this week, making the market more fragile and putting upward pressure on prices. Governments and energy companies have drawn oil from stockpiles to alleviate pressure in a global oil market facing unprecedented supply disruptions this year due to the wars in the Middle East and Ukraine. "Less than 6 billion …
·Seoul, Korea (the Republic of)
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PentapostagmaOil stocks accessible to the global market are falling, industry executives said at a forum in London this week, making the market more vulnerable and putting upward pressure on… Reuters: Global market worries over oil stockpiles - ΙΝΑΦΤΕΜΟΠΟΡΙΚΙ
Coverage Details
Total News Sources6
Leaning Left1Leaning Right1Center1Last UpdatedBias Distribution34% Left, 33% Center, 33% Right
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left
L 34%
C 33%
R 33%
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