oil stockpiles
Coverage of oil stockpiles in the Nexus archive.
- China’s Teapots May Boost Iran Oil Buying as Stockpiles Dwindle
Shrinking regional oil stockpiles held by China’s independent refiners in Shandong province may spur increased buying of Iranian crude oil. This potential surge is expected to offer Tehran a needed boost after experiencing a period of slow sales.
- Oil Stockpiles Near Danger Zone
Oil stockpiles are approaching a critical threshold, raising concerns about potential shortages or market instability. The situation highlights vulnerabilities in energy reserves.
- Global oil stockpiles could fall to ‘critical levels’ by summer, IEA warns
The International Energy Agency warns that global oil stockpiles could reach 'critical levels' by summer, with the energy crisis potentially persisting for months even if a deal ends the US-Israel war on Iran. China's crude reserves, while resilient, are also showing declines in onshore volumes.