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

OECD Oil Reserves Fall to 1989 Levels

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

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