Tuesday, 04 August 2026 · World
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EUROS The World Financial Report
Nº 24 Tuesday, 04 August 2026 · World Edition
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Big Oil Warns Global Fuel Stocks Are Running Dangerously Low

Oilprice.com · 1h ago
Big Oil Warns Global Fuel Stocks Are Running Dangerously Low

The world is running short on fuels—the warning was first issued by some analysts who were watching the physical market rather than futures charts. Now, Big Oil is joining the chorus of warnings, with Shell, Exxon and Chevron all saying that prices at the pump are set to stay higher, regardless of where crude oil prices go. “The constraint pain point in the energy system is refining," Exxon’s chief financial officer Neil Hansen told Bloomberg in an interview last week. This, according to him, is “something that perhaps the…

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