🔥JPMorgan confirms global visible oil inventories have reached the 6.8 billion barrel operational floor this month as the Strait of Hormuz remains closed. $CL $BZ $CELR
⚠️ Dropping below this point can cause pipelines to lose pressure and refineries to shut down entirely.
🌎 This would mean that for the first time in history, the world is concerned not only about price, but also about the physical availability of crude oil.
⚠️ Dropping below this point can cause pipelines to lose pressure and refineries to shut down entirely.
🌎 This would mean that for the first time in history, the world is concerned not only about price, but also about the physical availability of crude oil.
