030292
Registered Member
SPR went from going down 6-7M barrels per week to now just 3-3.5M. A reduction rate of HALF. Iran is losing leverage if it cannot enforce the closure of the SoH. At this rate getting to 250M barrels could take months.
@Persian Gulf
That could mean one of two things, either hormuz is leaky or they are drawing very little to preserve the integrity of salt caverns.
Isn't the minimum limit you can draw from salt caverns is 300million barrel, if you draw any more the caverns get degraded.







