EconomyGlobal oil inventories ‘scarily thin,’ Saudi Aramco CEO warns
Saudi Aramco President and CEO Amin Nasser warned that global oil stockpiles have become “scarily thin” and that market pressure could worsen unless shipping through the Strait of Hormuz fully resumes. Rising consumption may require at least 2 million additional barrels per day for two years to rebuild inventories.
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TASS★★★★☆2026-10-05 15:18Original
Global oil inventories ‘scarily thin,’ Saudi Aramco CEO warns