Saudi Aramco CEO says the global oil supply buffer is running “scarily thin,” warning this could leave markets more vulnerable to disruption. Gulf producers are working to increase production and exports, and they have managed to raise crude flows to levels close to pre-war conditions.
The outlets also note that demand for crude remains firm. NDTV emphasizes the near recovery in crude supply volumes from Gulf producers, while Moneyweb and the Financial Post highlight the risk that the situation could worsen if disruptions persist. Moneyweb specifically links the market outlook to the reopening of the Strait of Hormuz, indicating that access through the route is a key factor for supply stability. Overall, the reports agree that spare capacity and buffering ability are limited, even as producers try to offset supply challenges.