Yhn EnvironmentEnergy first seen 18 h ago, last 15 min ago, peak #7

World's oil stockpile buffer nearly exhausted, executives warn

Original: The world has nearly burned through its oil stockpile buffer

Oil industry executives say the world has nearly burned through the buffer of emergency stockpiles built up over years, leaving global markets with little cushion against supply disruptions. The warning points to inventories being drawn down faster than they are being replenished, raising concerns about price volatility if demand spikes or output is hit.

Why now: Energy markets are tight and traders are worried about price shocks with little spare inventory left

Reutersoil industry executivesglobal oil market

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• The world has nearly burned through its oil stockpile buffer · geox · 42

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