Oil market could enter ‘red zone’ by July as stocks dwindle ahead of summer travel season, IEA chief says - CNBC

By Sam Meredith | Published: May 21, 2026

Oil markets could soon enter a "red zone" as global stocks deplete and as demand picks up during the summer travel season, the head of the International Energy Agency warned on Thursday. IEA Executi… [+2610 chars]