Dossier
crude stockpiles
Coverage of crude stockpiles in the Nexus archive.
- US crude stockpiles are depleting rapidly
US crude stockpiles are rapidly depleting as refiners process 17 million barrels daily to meet export demand amid Middle East energy disruptions. Analysts warn this pace could undermine the US' role as a global energy supplier, with commercial stockpiles dropping by 7.2 million barrels.
- Global oil, fuel markets ill-prepared for continued Iran war
Global oil and fuel markets are unprepared for a resumption of US-Iran conflict, with Western crude stockpiles near historic lows and rising oil prices. Analysts warn of potential shortages in diesel, gasoline, and jet fuel due to damaged Middle East refineries and reduced Russian refining capacity.