This Is When Global Oil Inventories Could Finally Recover Amid Iran War

Benzinga05-19 12:22

GasBuddy analyst Patrick De Haan has predicted that it would take more than a year and a half for countries to refill oil inventories if the Strait of Hormuz reopens following its closure amid the U.S...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2636887614?lang=en_US&edition=fundamental","thumbnail":"https://cdn.benzinga.com/cdn-cgi/image/width=260,dpr=2,format=auto,quality=85/files/images/story/2026/05/19/Us-iran-Geopolitics-Oil-Industry--Energy.jpeg","is_english":true,"pubTime":"2026-05-19 12:22","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2636887614","market":"sh","top_or_hot":-1,"title":"This Is When Global Oil Inventories Could Finally Recover Amid Iran War","media":"Benzinga","content":"<div>\n<p>GasBuddy analyst Patrick De Haan has predicted that it would take more than a year and a half for countries to refill oil inventories if the Strait of Hormuz reopens following its closure amid the U.S...</p>\n\n<a href=\"https://www.benzinga.com/markets/commodities/26/05/52653593/this-is-when-global-oil-inventories-could-finally-recover-amid-iran-war\">Source Link</a>\n\n</div>\n","source":"benzinga_hot_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Is When Global Oil Inventories Could Finally Recover Amid Iran War</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Is When Global Oil Inventories Could Finally Recover Amid Iran War\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-05-19 12:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/commodities/26/05/52653593/this-is-when-global-oil-inventories-could-finally-recover-amid-iran-war><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GasBuddy analyst Patrick De Haan has predicted that it would take more than a year and a half for countries to refill oil inventories if the Strait of Hormuz reopens following its closure amid the U.S...</p>\n\n<a href=\"https://www.benzinga.com/markets/commodities/26/05/52653593/this-is-when-global-oil-inventories-could-finally-recover-amid-iran-war\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XLE","symbol_name":"SPDR能源指数ETF","start_time":0,"source_url":"https://www.benzinga.com/markets/commodities/26/05/52653593/this-is-when-global-oil-inventories-could-finally-recover-amid-iran-war","article_id":"2636887614","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/cdn-cgi/image/width=260,dpr=2,format=auto,quality=85/files/images/story/2026/05/19/Us-iran-Geopolitics-Oil-Industry--Energy.jpeg"],"rights":{"source":"benzinga_hot_news","url":"https://www.benzinga.com/markets/commodities/26/05/52653593/this-is-when-global-oil-inventories-could-finally-recover-amid-iran-war","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2636887614","pubTimestamp":1779164520,"columns":[],"sourceInfo":{"source_id":"benzinga_hot_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Analyst predicts how long it will take to refill oil inventories as tensions escalate between Washington and Tehran.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"XLE":"SPDR能源指数ETF","OILK":"ProShares K-1 Free Crude Oil ETF","WTIU":"MICROSECTORS ENERGY 3X LEVERAGED ETN","PXE":"Invesco Energy Exploration & Production ETF","UCO":"二倍做多彭博原油ETF","OILT":"Texas Oil Index ETF","UGA":"United States Gasoline Fund LP","DRIP":"Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares","OILU":"MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN","USO":"美国原油ETF","DBO":"原油ETF-PowerShares","XES":"SPDR S&P Oil & Gas Equipment & Services ETF","FTXN":"First Trust Nasdaq Oil & Gas ETF","DBC":"商品指数ETF-PowerShares DB","XOP":"油气开采指数ETF-SPDR S&P","USOI":"ETRACS Crude Oil Shares Covered Call ETN","USE":"USCF Energy Commodity Strategy Absolute Return Fund","BK4588":"碎股","USL":"United States 12 Month Oil Fund LP","DRLL":"Strive U.S. Energy ETF","PXJ":"Invesco Oil & Gas Services ETF","DBE":"能源商品ETF-PowerShares","ERX":"二倍做多能源ETF-Direxion","IEO":"iShares Dow Jones U.S. Oil & Gas","DIG":"二倍做多美国油气指数","DUG":"二倍做空石油与天然气ETF(ProShares)","SCO":"二倍做空彭博原油指数ETF","VDE":"Vanguard Energy ETF","BNO":"美国布伦特原油基金有限合伙企业","GUSH":"Direxion Daily S&P Oil &Gas Exp. & Prod. Bull 2X Shares","IXC":"全球能源业ETF-iShares","BK4570":"地缘局势概念股","BWET":"BREAKWAVE TANKER SHIPPING ETF","OIH":"石油服务ETF","BK4585":"ETF&股票定投概念","AAA":"Alternative Access First Priority CLO Bond ETF"},"translate_title":"伊朗战争期间全球石油库存最终可能恢复","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DRLL":0.9,"USL":0.83,"BWET":0.83,"BNO":0.83,"USE":0.9,"GUSH":0.9,"XES":0.9,"DBE":0.9,"DBO":0.83,"DBC":0.9,"AAA":1,"VDE":0.9,"ERX":0.9,"PXE":0.9,"XLE":0.83,"XOP":0.83,"OILU":0.83,"IEO":0.9,"OILT":0.83,"UGA":0.83,"USO":0.83,"DUG":0.83,"FTXN":0.9,"UCO":0.6,"IXC":0.9,"PXJ":0.9,"USOI":0.83,"OIH":0.83,"DIG":0.9,"DRIP":0.9,"OILK":0.83,"SCO":0.6,"WTIU":0.9},"content_text":"GasBuddy analyst Patrick De Haan has predicted that it would take more than a year and a half for countries to refill oil inventories if the Strait of Hormuz reopens following its closure amid the U.S., Israel and Iran war.\nIn a post on X on Monday, De Haan shared that it \"loosely\" takes a week for countries to refill oil inventories for every day the Strait of Hormuz remains closed.\n\"We’re now at 78 days- so ~78 weeks would put us roughly at November, 2027 to see global oil inventories fully recover,\" De Haan said in the post.\nDe Haan had earlier predicted that gas prices in the U.S. wouldn’t reach $6-7/gallon by the end of this week despite uncertainty around the situation in the Middle East. “I definitely don’t see this remotely possible at all,” he said in a post on X.\nThe national average price for a gallon of gas was $4.515 on Monday, illustrating a slight uptick, according to data collected by the American Automobile Association (AAA). On the diesel front, prices declined slightly, with the current average price being $5.631/gallon on Monday. California still commanded the highest average price, with gas prices over $6.151/gallon.\nAs the situation escalates, U.S. Treasury Secretary Scott Bessent issued a 30-day general license for countries facing oil crunches to buy Russian seaborne oil. Bessent touted the move as something that would “provide additional flexibility” in the crude oil supply chain.\nCheck out more of Benzinga’s Future Of Mobility coverage by following this link.\nPhoto courtesy: Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2636887614","isCrawlerRequest":true}