Global oil stockpiles could fall to ‘critical levels’ by summer, IEA warns
- Posted on June 3, 2026
- By South China Morning Post
- 0 Views
- 1 min read
Global oil stockpiles could fall to ‘critical levels’ by summer, IEA warns
Even China’s inventories are now starting to decline, with Gulf oil supplies likely to take months to recover even if a peace deal is agreed.