Iran Oil Inventories Slump With Wave of Protests, Kayrros Says
Market Intelligence Analysis
AI-PoweredIran's oil inventories at a key export terminal have decreased by about 20% since the start of the year, possibly indicating that the country is moving oil out of the area due to ongoing protests.
Market impact analysis based on bearish sentiment with 70% confidence.
Article Context
Iranian oil stockpiles at a key export terminal are about a fifth lower than where they started the year, a possible sign the country is moving crude out of harm’s way amid a wave of unrest over the past two weeks, according to the founder of a company that tracks inventories with satellites.
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