Oil stockpiles shrink.. Slipping close to below five-year average target..

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Posted by SB SB

Financial Times — Oil stockpiles have shrunk dramatically over the past year and are close to falling below five-year average levels in the coming months, the International Energy Agency said on Friday.
This normalised level for inventories was initially declared a target for global producers that have enacted supply cuts since 2017 to balance supply and demand, and bolster prices... → Read More

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