Goldman Says Global Oil Stockpiles Falling at Record Pace on War

Global stockpiles of crude oil and products are being drawn down at a record pace this month as the war in the Middle East drags on, curtailing supplies, according to...

By Nicholas Lua · Bloomberg Markets

Global stockpiles of crude oil and products are being drawn down at a record pace this month as the war in the Middle East drags on, curtailing supplies, according to Goldman Sachs Group Inc.