US Oil Exports Soar To New Record High As Inventories Tumble, SPR Drained Most Since October 2022
US Oil Exports Soar To New Record High As Inventories Tumble, SPR Drained Most Since October 2022 One week ago we lamented that the record oil inventory drawdown, which has seen over 250 million barrels drained from storage since the start of the war, has not led to higher oil prices (for those who missed it, Goldman forecast that global visible oil inventories are likely to reach record-low levels even in an optimistic scenario where Hormuz flows start to recover by the end of Apri...
Original Source
Read the full article at Zerohedge →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.