Saudi Aramco chief Amin Nasser warns that global oil stockpiles are “scarily thin,” saying inventories have been depleted by instability in the Middle East and that rebuilding could take up to two years.
Nasser also cautions that headline reserve figures may be misleading. He says that less than 10% of reported reserves are actually available, implying the effective buffer is smaller than many assume. Financial Times and Free Malaysia Today both focus on the risk that depleted inventories and limited usable stock could leave markets with less room to absorb disruptions.
Across outlets, the broader policy context differs. The Daily Mail reports that the warning comes as G7 countries agree to release more inventories to ease supply concerns, framing Nasser’s comments as a warning that the system is already under strain. Other coverage emphasizes the underlying depletion and timeline for recovery rather than the specific policy response.
