MarketWatch
US · 52 mins ago
◉ Centre
The world lost nearly 1 billion barrels in oil supply over the past 75 days. Why investors aren’t worrying enough.
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Credibility 45/100
Partisan intensity 65/100
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◉ Centre ⚠ Misleading headline
Global oil supply has reportedly declined by nearly 1 billion barrels over 75 days amid conflict in Iran, but oil prices have risen only 50% since late February, leading the article to argue investors are underestimating the supply disruption risk.
The world lost nearly 1 billion barrels in oil supply over the past 75 days. Why investors aren’t worrying enough.
Global oil prices have climbed by nearly 50% since the the end of February, but the rise pales in comparison to an estimated loss of nearly 1 billion barrels since the start of the Iran war 75 days ago.
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