Whoever created this chart has no idea or clue on how SPR works or Days left calculation.
It is created on purpose to mislead public and non-energy professionals (even some energy professionals)
Why? please see below 🧵
#OOTT #Oil
Firstly one should understand difference between
- What is required,
- what is consumed
- How much is produced locally,
- What is imported or exported
- What can be withdrawn