Oil market absorbs war shock through buffers, but stocks run thin: IMF

A combination of lower demand, increased production outside the Gulf region, and extensive inventory drawdowns prevented a massive price spike after an initial surge, according to an IMF Blog.

Jul 17, 2026 - 01:00
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Oil market absorbs war shock through buffers, but stocks run thin: IMF
A combination of lower demand, increased production outside the Gulf region, and extensive inventory drawdowns prevented a massive price spike after an initial surge, according to an IMF Blog.

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