
The world has nearly burned through its oil stockpile buffer, executives say: ‘System is already straining’
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.
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1 viewpointThe world has nearly burned through its oil stockpile buffer, executives say: ‘System is already straining’