Bessent calls for World Bank reforms, including upstream oil and gas financing - Reuters

OECD Oil Reserves Fall to 1989 Levels

The IEA report shows OECD oil inventories have reached their lowest level since 1989. Diesel shortages are forecasted to continue until 2027. Global observers say the crisis is examining the resilience of global supply chains. Meanwhile, the World Bank has put forward reforms covering upstream oil and gas financing. Oil prices have remained stable despite threats to Middle East and Russian supplies.

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