Oil inventory decline
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Global oil stocks could fall by 900 million bbl even if ceasefire is extended, Citi says
Reuters· 2026-04-21 00:29
Researchers at Citi said on Monday that global crude and product inventories could decline by roughly 900 million barrels even if the United States and Iran agree to a ceasefire extension this week, and both Strait of Hormuz flows and oil production recover to normal levels by the end of June. ...