Oil supply to tighten further as global inventories fall
Global oil supplies will tighten as inventories fall to meet peak summer demand even if the Middle East conflict ends. Recovery could take at least six months.
Xurve View
洞察:
Xurve View
Global oil inventories fell by 500 million barrels during the United States and Iran conflict, threatening a deeper supply shock. Stockpiles are expected to drop to 98 days of demand by late May as peak summer consumption begins. Investors face prolonged high energy costs because physical supply recovery will take months even after a peace deal.
