The world has nearly burned through its oil stockpile buffer, executives say
LONDON — The amount of oil in storage that is accessible to the global market is running low, industry executives said at a forum in London this week, making the market more fragile and putting upward pressure on prices. Governments and energy companies have drawn oil from stockpiles to alleviate pressure in a global oil market facing unprecedented supply disruptions this year due to the wars in the Middle East and Ukraine. "Less than 6 billion barrels of commercial inventories remain today, wit
Covered mainly by the Western sphere (100%); silent in Sino-Russian & BRICS, Arab-Muslim world, Global South.
Global sphere reading. The left / centre / right reading is shown in the coverage analysis below.
- Confirmed by 1 outlets in 1 countries.
- Ignored by Sino-Russian & BRICS, Arab-Muslim world, Global South.
- Propagation: first reported by The Korea Times (South Korea), . No word-for-word republication detected.
Headline clash across the four spheres
- The world has nearly burned through its oil stockpile buffer, executives sayThe Korea Times · South Korea
No outlet in this sphere covers the event: blind spot.
No outlet in this sphere covers the event: blind spot.
No outlet in this sphere covers the event: blind spot.
Coverage analysis
Analyzing coverage…
Event sources
- The world has nearly burned through its oil stockpile buffer, executives sayThe Korea TimesCorée du SudSouth Korea → United KingdomEnglish