The Traderszone Network

Published in TZ Latest News 9 March, 2016 by The TZ Newswire Staff

There are 550 million barrels of oil missing. Where are they?

Here is an interesting item via Reuters on oil that is unaccounted for, there are 550 million barrels of the stuff missing!
The report says:
That leaves 550 million “missing barrels” unaccounted for, apparently produced but not consumed and not visible in the inventory statistics (“Oil Market Report”, IEA, Feb. 2016)