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Tag: product stocks

Will Australia have a strategic oil reserve before it is too late? (part 2)

Posted on February 22, 2018

In part 1 we talked about what action the government is taking to bring Australia back to the IEA 90 days oil stock requirement. What was done so far This website contains…

Where actually is that much-hyped global oil glut?

Posted on December 29, 2015

The media is full with news that there is a global oil glut. There are now more than 3bn barrels of excess oil in the world 13/11/2015 http://www.telegraph.co.uk/finance/oilprices/11993687/There-are-now-more-than-3bn-barrels-of-excess-oil-in-the-world.html Record oil glut stands…

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