Unplanned global oil supply disruptions reach record high

Unplanned oil supply disruptions across the world reached a record high last month. Disruptions averaged at more than 3.6 million barrels per day (b/d), the highest monthly level recorded by the US Energy Information Administration (EIA). From April to May, disruptions grew by 0.8 million b/d as increased outages, largely in Canada, Nigeria, Iraq and […]