Event Brief
Oil inventories set to drop below 100 days of demand
Filed: May 24, 2026 at 1:05 PM ET
Summary: Global oil inventories are expected to fall below 100 days of demand due to a blockade at Hormuz.
WHO: Global oil inventories
WHAT: Global oil inventories are expected to fall below 100 days of demand.
WHEN: May 24, 2026 at 1:00 PM ET
WHERE: Hormuz
WHY: A blockade at Hormuz is reducing oil supply, pushing inventories toward below 100 days of demand.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.
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