Inventories Acting as Shock Absorber of Global Oil System
'In this war driven oil shock, inventories have become the market's primary balancing mechanism', J.P. Morgan analysts said.
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NEWS
New
- Fri 1st 15:21 Kimmeridge, Mubadala Raise JV Production to Over 1Bcfd
- Fri 1st 13:55 OKEA Back to Black but Dividends Remain On Hold
- Fri 1st 13:51 Trump Reacts to UAE OPEC Withdrawal
- Fri 1st 12:48 Inventories Acting as Shock Absorber of Global Oil System
- Fri 1st 12:05 ENEOS to Re-Enter Malaysian LNG Project with 10 Percent Stake
- Fri 1st 09:48 Ukraine Hits Major Russian Refinery, Pumping Station
- Thu 30th 22:00 California Gasoline Price Surges Above $6
- Thu 30th 21:40 Oil Settles Lower After Surge
- Thu 30th 18:00 OPEC+ Delegates Expect Another Symbolic Supply Hike
- Thu 30th 16:00 USA Crude Oil Inventories Drop More Than 6MM Barrels WoW
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