Global oil storage reaches critical lows as industry leaders warn of market fragility

KEY POINTS MAIN STORY The amount of oil in storage accessible to the global market is running critically low, industry executives warned at the Energy Intelligence Forum in London, making energy systems more fragile and maintaining upward pressure on prices. Governments and energy firms have repeatedly drawn from strategic and commercial stockpiles this year to … Continue reading Global oil storage reaches critical lows as industry leaders warn of market fragility