4 ms·
Is there a good source tallying up the (refined) oil reserves? How long until a 5% decrease in production really propagates to the supply?
by whaddawhat 7y ago
Is there a good source tallying up the (refined) oil reserves? How long until a 5% decrease in production really propagates to the supply?
- Tade0 7y agoThe norm seems to be to have at least three months' worth of supplies, so the question is rather how quick can those sources return online? If that is not poised to happen anytime soon, the prices should go up almost immediately. So far I think we had a mixed response.
- seventhtiger 7y agoAccording to WSJ, Saudi Aramco says they will have 30% of lost capacity back on Monday.