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Why the Next Billion Barrels of Oil Demand Could Come From Storage

Why the Next Billion Barrels of Oil Demand Could Come From Storage

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The closure of the Strait of Hormuz and the stranding of more than 10 million barrels per day (bpd) of crude oil in the Persian Gulf was a wake-up call for import-dependent countries to expand their capacity to hold strategic and commercial reserves. Many cou…

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International Petroleum Corp.s Blackrod project… Global oil inventories are being… Crude oil inventories in the… Set us as your preferred Google source By Tsvetana Paraskova - Jun 23, 2026, 6:00 …

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