Global oil inventories could reach full capacity in few months

According to Rystad Energy, the world's oil inventories will reach full capacity within a few months and possibly cause oil prices to dip below USD 10 a barrel, the analyst firm assesses.

Photo: Nick Oxford/Reuters/Ritzau Scanpix

BY SØREN PICO, SHIPPINGWATCH

If the current imbalance in the oil market continues, the world's oil inventories will reach full capacity in just a few months, assesses Rystad Energy.

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