Business

Oil Market Warns of Supply Threat

Updated 2026-05-05 13:35 UTC 1 source Negative

Market analysts warn that the oil market is underestimating the supply threat, with SocGen forecasting a rise in prices as the reality sets in. Stockpiles are reported to be much lower than expected.

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MarketWatch

Why the oil market is too complacent about the supply threat it’s facing

While there are 7.8 billion barrels stockpiled on paper, the reality is more like 1.4 billion barrels and as the market begins to process this realization, SocGen forecasts the oil price will rise.

2026-05-05 13:22 UTC