IEA: World oil reserves draining at record pace

By The BriefBrief

The IEA said global oil reserves fell sharply in April and March, marking the fastest inventory drawdown on record.

WHO: International Energy Agency (IEA)

WHAT: IEA reported record-fast inventory drawdown in global oil reserves

WHEN: May 13, 2026 at 1:34 PM ET

WHERE: Location not specified

WHY: No specific cause was reported.

How this story developed (showing 13 of 13 earlier reports)

Reporting from 10 identified publishers across this event arc.

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