Asia and Europe face operational minimum inventories, raising risks of a prolonged energy shortage, industry advisors warn.
Global oil inventories are declining rapidly, with Asia approaching minimum operational levels and Europe following closely. The trend heightens concerns over a deepening supply crisis, as warnings from industry experts grow more urgent.
Recent data shows Asia already grappling with tight supplies, while Europe’s stockpiles edge toward similar constraints. Comparable periods last year saw inventories at healthier levels, but current drawdowns outpace replenishment efforts.
Markets have yet to fully price in the potential for prolonged shortages, though crude futures have shown volatility amid rising geopolitical and logistical pressures.