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News Wire / economy

Global Oil Reserves Depleted At Record Pace

developing KQED FM San Francisco 56m9m Impact 8
Global crude oil inventories are falling at a record pace, with stockpiles decreasing by approximately 4 million barrels per day. Agency reports indicate that crude oil and refined fuel reserves fell by almost 4 million barrels a day in April.

Topics

oil market inventories energy prices

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Sources · 7 independent

KQED FM

“Agency says crude inventories are falling at a record pace.”

CNA938 Singapore

“that global oil stockpiles are being depleted at a record pace as disruption from the war on Iran continues.”

CNA938 Singapore

“The agency said reserves of crude oil and refined fuel fell by almost 4 million barrels a day in April, but”

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