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Oil Stockpiles Near Danger Zone

Bloomberg Jun 21, 2026 Jun 21 ⏱ 1 min read 👁 12 views
Oil Stockpiles Near Danger Zone
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📋 Article Summary
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Energy markets expert and author of Oil's Endless Bid Dan Dicker says oil markets are underestimating the impact of ongoing supply disruptions, warning that global stockpiles have been drawn down significantly as millions of barrels per day remain unable to… Energy markets expert and author of Oil's Endless Bid Dan Dicker says oil markets are underestimating the impact of ongoing supply disruptions, warning that global stockpiles have been drawn down significantly as millions of barrels per day remain unable to reach end markets. Dicker warns hosts of Bloomberg This Weekend David Gura and Christina Ruffini if inventories continue to fall, crude prices could surge from current levels to as high as $135 a barrel. (Source: Bloomberg)
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