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 reveals OECD oil inventories have fallen to their lowest level since 1989. Diesel shortages are anticipated to persist until 2027. Global observers say the crisis is evaluating the resilience of global supply chains. Meanwhile, the World Bank has proposed reforms including upstream oil and gas financing. Oil prices have remained steady despite threats to Middle East and Russian supplies.

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