🚨Global oil inventories are draining at one of the fastest rates in 10 years.
JPM projects June 2026 stocks at 7,600 Mb the LOWEST level in this entire chart.
The "no shortage" narrative misses what's happening in the buffer.
Brent at $105 may be underpriced for what the inventory picture is showing.
$BZ
$CL
#ClarityActDraft #FedChairTransitionNears
JPM projects June 2026 stocks at 7,600 Mb the LOWEST level in this entire chart.
The "no shortage" narrative misses what's happening in the buffer.
Brent at $105 may be underpriced for what the inventory picture is showing.
$BZ
$CL
#ClarityActDraft #FedChairTransitionNears
