IEA Global Oil Stocks on Track for Historical Lows Ahead of Summer Peak

The IEA warns global oil stocks could hit historical lows this summer as Hormuz-driven supply losses and record SPR drawdowns collide with peak seasonal demand.

Jun 2, 2026 - 21:00
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IEA Global Oil Stocks on Track for Historical Lows Ahead of Summer Peak
The IEA warns global oil stocks could hit historical lows this summer as Hormuz-driven supply losses and record SPR drawdowns collide with peak seasonal demand.

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