“...but Riyadh has been reporting declines in inventories over this period, to the tune of some 70 million barrels.”
Big whoopie. That’s about 3.5 days of oil consumption for the United States.
(this is what happens when business-related publications go out and hire ‘journalism majors’ to stories that involve numbers...and ‘journalism majors’ HATE MATH)
Oil Price would be a gossip rag if it were in print. They take contributions form anyone. Writers write and talkers talk and if nobody reads or listens they are out of job.
Everybody, including us, have our own Speaker’s Corner now.