Is there a good tracker of strategic oil reserves?
Now that the Iran conflict is heating up again, one thing I'm surprised doesn't get talked about is where the oil reserves are at and where they are heading. Flow through the straits has been restricted for a long time, and once reserves get low enough it's going to make a big mess of the economy, but somehow markets are ignoring it and no one is talking about it?
3 replies
https://hormuzstraitmonitor.com/
This has some info on crude reserves
Interesting site, thanks. I can't find it showing current reserve levels however, under countries/regions it has comments like Strategic reserves ~90 days (for EU), but I can't see anything about the current status
Great question - I was wondering about this a week or so when there was a few news articles saying China's reserves were high, when I'd previously heard from a source I trust that a big reason the gas prices hadn't been worse was that China was running it's stocks down and they were at about 25% of 2025 levels. I have a vague feeling that China agreed to publishing them a few years back, but don't know where. EIA used to be a trusted source, and there's this - Oil and Gas journal (paywalled).