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MCXGlobal oil inventories will slump to five-year low, IMF says
June 5th 2026
IMF spokeswoman Julie Kozack said the fund expects global inventories to fall from their pre-war high of 8 billion barrels to about 7.5 billion barrels by July, which would be a five-year low.- MOL Begins First Commercial Gas Production at Azerbaijan’s ACG Field
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