Global Oil Reserves Drop 45 Million Barrels in April as Production Disruption Nears 12 Million Barrels Daily
Global oil reserves fell by 45 million barrels in April while daily production disruption reached approximately 12 million barrels since late March, according to a Forbes Middle East report, raising questions about market stability heading into the second quarter.
Desk note: This publication noted the Forbes Middle East report as it circulated through regional Telegram channels serving the Middle East and North Africa audience. Western wire services had not independently confirmed the specific figures as of press time, but the scale of disruption reported aligns with ongoing concerns about spare capacity tightness in global oil markets. Monexus will continue monitoring production data from OPEC and the International Energy Agency for corroboration.