That's a bit of help
The planned sale of up to 12 million barrels should ease some oversupply but I'd guess we're somehwere in the neighbourhood of 3-5 million barrels per day oversupplied right now.
US suspends upcoming 12 million barrel sale from SPR
Best in 2026
Sponsored
investingLive is a market news and analysis platform that lists and reviews forex brokers for informational use only. We do not provide investment advice or brokerage services. CFDs are complex, high-risk products and may not be suitable for all investors. investingLive is not responsible for any trading losses or decisions made based on content found on our site.
