Bessent calls for World Bank reforms, including upstream oil and gas financing - Reuters

IEA Report Shows OECD Oil Stocks at Historic Low

The IEA report shows OECD oil inventories have dropped to their minimum level since 1989. Diesel shortages are anticipated to persist until 2027. Global observers mention the crisis is evaluating the resilience of global supply chains. Meanwhile, the World Bank has put forward reforms including upstream oil and gas financing. Oil prices have remained stable despite threats to Middle East and Russian supplies.

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