How much oil-market buffer is left?
SupplyWhen the world uses more oil than it produces, the difference comes out of storage. These charts show how much oil has been withdrawn, how much is left, and how long the US emergency reserve could last under each of the model's three scenarios.The world is using more oil than it producesBefore the war, the world produced about 4 million more barrels of oil per day than it used. Since the war began, it has had to draw on stored oil every month.
- ▪SupplyWhen the world uses more oil than it produces, the difference comes out of storage.
- ▪These charts show how much oil has been withdrawn, how much is left, and how long the US emergency reserve could last under each of the model's three scenarios.The world is using more oil than it producesBefore the war, the world produced a
- ▪Since the war began, it has had to draw on stored oil every month.
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| Original publisher | The Depletion Ledger |
| Canonical URL | https://www.depletion.org |
| Publication time | Tue, 15 Sep 2026 19:56:56 +0000 |
| Retrieval time | 2026-09-15T20:11:56.863Z |
| Last seen | 2026-09-15T20:11:56.863Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | Tq3e0Z5WQ-QZ · 1 stories |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
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| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
SupplyWhen the world uses more oil than it produces, the difference comes out of storage. These charts show how much oil has been withdrawn, how much is left, and how long the US emergency reserve could last under each of the model's three scenarios.The world is using more oil than it producesBefore the war, the world produced about 4 million more barrels of oil per day than it used. Since the war began, it has had to draw on stored oil every month. The IEA's latest report estimates a full-year supply loss of 5.7 million barrels per day, about 6% of the world's oil, and expects Middle East oil flows to remain below normal until 2027. Global production fell to 100.1 million barrels per day in August, with more than 10 million barrels per day of Gulf production still shut down.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Depletion Ledger.
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