>You should copy this to your Prime Minister and let him know that Australia's oil storage amounts to only 35 days. Well below the 90 days recommended by the IEA.
Yes, quite concerning. I think after closures in the last few years we don't even have the refining capacity left to process all of our own production, so any disruption would be very bad. And I think the 35 days is the time period assuming rationing and other emergency measures are in place.
SXY Price at posting:
24.3¢ Sentiment: Buy Disclosure: Held
