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Goldman warns global oil buffers are nearing eight-year lows

Goldman warns global oil buffers are nearing eight-year lows

May 05, 2026

Goldman Sachs said global oil inventories were falling fast, with restricted flows through the Strait of Hormuz increasing supply pressure

OPEC+ raises oil quota as Hormuz crisis keeps supply tight

May 04, 2026

Seven OPEC+ producers will lift June output by 188,000 bpd, but Hormuz disruptions mean relief for oil markets may remain limited.

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