Oil price spike turmoil far from over, IEA says as inventories are depleted at “record pace"

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May 13, 2026 - 13:26
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Oil price spike turmoil far from over, IEA says as inventories are depleted at “record pace"
The IEA's oil market report for May noted that global oil supply declined by a further 1.8 million barrels per day in April.

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