Goldman Sachs' data is shocking, 8.7 million barrels per day, is oil prices about to take off again?

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CoinWorld News: Goldman Sachs warns that as the Middle East war continues and supplies are restricted, global crude oil and refined product inventories are being depleted at a record-breaking rate this month.
Goldman Sachs analysts pointed out in a report on May 20 that since May, visible inventories have decreased at a record rate of 8.7 million barrels per day, nearly twice the average speed since the conflict erupted.
They stated that the physical market continues to tighten, and it is estimated that oil exports through the Strait of Hormuz remain only at 5% of normal levels.
Goldman Sachs analysts said that two-thirds of the inventory decline in May was driven by so-called maritime oil reductions, with export declines exceeding import decreases.
Sluggish imports are now spreading from Asia to Europe, with Europe's jet fuel imports 60% below the 2025 average.
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