EnergyHighReportedAccelerating
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Aramco CEO: Global Oil Stocks Depleted, Replenishment May Take Two Years
Valor Econômico·SA · IR·3 days ago
API data shows a 2.09 million barrel draw in US crude inventories for the week ending Oct 2, reversing the prior week's build. Inventories have declined over 25 weeks but remain up year-to-date, with continued SPR releases. The draw suggests tightening supply, though the market impact is moderated by the ongoing SPR release.