Economy

Oil market 1 month from crunch point as global reserves dwindle

Traders warn of further jump in prices and ‘huge pain’ as economies cut consumption

F
Financial Times
May 1, 2026·1 min read
Oil market 1 month from crunch point as global reserves dwindle

Image: Financial Times

Traders warn of further jump in prices and ‘huge pain’ as economies cut consumption

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Oil market 1 month from crunch point as global reserves dwindle

Published by Financial Times

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