UBS Warns Of "Scary" Oil Price Scenarios Once Inventory Buffers Run Dry
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Source: Zero Hedge
Published: 2026-05-23 00:35 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Energy
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Snippet:
Drawing down crude inventories at a record pace, with SPR releases doing the heavy lifting to cushion the Gulf supply shock, only delays the move higher in crude oil prices. Once those buffers are depleted, oil risks being violently repriced higher.
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