Aramco CEO: Oil Inventories 'Scarily Thin' After Iran War Losses
Saudi Aramco CEO Amin Nasser warned that nearly 3 billion barrels of gross oil supply have been lost since the Iran war began, equivalent to half the crude and products that would normally move through the Strait of Hormuz, leaving global inventories scarily thin.
Original · OilPrice.com AI summary of public reporting
Why: Lost 3B barrels supply since Iran war → thin inventories
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At publication → CurrentCL89.80 → 91.14+1.5%
BRENTOIL101.35 → 102.21+0.8%