🚨Here's a trend that should be getting more attention from ...
🚨Here's a trend that should be getting more attention from the legacy media.
Oil prices $CL_F are up 30% over the last three months to reach their highest level in almost a year near $90/bbl.
The recent surge has been driven by ongoing production cuts made by Saudi Arabia, Russia and their OPEC allies. 🇸🇦🇷🇺
Meanwhile, and here's the worrying part, U.S. crude inventories have fallen to their lowest level since 1983. 🇺🇸
To be exact the USA has 46 days worth of emergency oil supply left.
Any unexpected supply disruption could be extremely problematic amid the current backdrop, and push prices well above $100/bbl.
Oil prices $CL_F are up 30% over the last three months to reach their highest level in almost a year near $90/bbl.
The recent surge has been driven by ongoing production cuts made by Saudi Arabia, Russia and their OPEC allies. 🇸🇦🇷🇺
Meanwhile, and here's the worrying part, U.S. crude inventories have fallen to their lowest level since 1983. 🇺🇸
To be exact the USA has 46 days worth of emergency oil supply left.
Any unexpected supply disruption could be extremely problematic amid the current backdrop, and push prices well above $100/bbl.
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