๐ข๏ธ OIL MARKET ALERT: SURGING BARRELS AT SEA
๐ Brent crude slips below $60/bbl as global oil supply builds up at sea.
๐ข Key points:
1.3B barrels currently โon waterโ โ highest since 2020
51M barrels stuck in tankers for 20+ days
Supply glut outweighs geopolitical risks from Russia & Venezuela
โ ๏ธ Impact:
Oversupply โ downward pressure on prices
Potential volatility in energy markets
Buyers may benefit from cheaper crude
TRUMP
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RESOLV
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