đš JUST IN: đžđŠ SAUDI ARAMCO SOUNDS THE ALARM ON GLOBAL OIL SUPPLY
Saudi Aramco is warning that global oil inventories are becoming dangerously tight. â ïž
If a major supply disruption hits, rebuilding sufficient inventories could potentially take up to two years.
That could mean:
âą đ Higher oil-price volatility
âą đ„ Renewed inflation pressure
âą â ïž Increased energy-market risk
âą đ Greater impact on global markets if supply tightens further
Oil is becoming a major macro factor to watch. đ
Keep an eye on $CL & $BZ as energy-market volatility increases.
Trade smart. Manage risk. DYOR.
Saudi Aramco is warning that global oil inventories are becoming dangerously tight. â ïž
If a major supply disruption hits, rebuilding sufficient inventories could potentially take up to two years.
That could mean:
âą đ Higher oil-price volatility
âą đ„ Renewed inflation pressure
âą â ïž Increased energy-market risk
âą đ Greater impact on global markets if supply tightens further
Oil is becoming a major macro factor to watch. đ
Keep an eye on $CL & $BZ as energy-market volatility increases.
Trade smart. Manage risk. DYOR.
