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Brent Oil Soars to $141 Amid Warnings of Critical Stockpile Shortages
Brent crude oil spot prices have surged to $141, the highest since 2008, while analysts warn that global oil stockpiles could soon reach critically disruptive levels, leading to further shortages.
2 Apr, 20:34 — 2 Apr, 20:36
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (27/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
Far L
Left1
Left (1)
cnbc
Center1
Center (1)
marketwatch
Right
Far R
Geographic diversity— 1 region4/34
US2
ℹAll sources from US region
ℹOnly 2 sources cover this story
Sources
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cnbcMostly Factual1h ago
Brent oil spot price for actual cargo soars to $141, highest level since 2008 financial crisis
The Brent oil futures price is giving the market a false sense of security, said Amrita Sen, founder of Energy Aspects.
Read full article →marketwatchMostly Factual1h ago
Global oil stockpiles could sink to critically disruptive levels soon, sparking more shortages
After the Strait of Hormuz reopens, a full recovery to prewar levels may take about four months, J.P. Morgan says.
By Isabel Wang
Read full article →Coverage Timeline
First report: marketwatch · 2 Apr, 20:34|Full coverage: 2 · 2m|Window: 2m
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