Global oil inventories ‘scarily thin,’ Saudi Aramco CEO warns — Bloomberg

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Saudi Aramco CEO Amin Nasser warned that global oil inventories are dangerously low as consumption continues to rise. He said additional supplies will be needed for at least the next two years to replenish stocks.

According to Amin Nasser, global oil consumption continues to rise, meaning that countries will require additional supplies for at least the next two years to replenish their inventories