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The story
According to Reuters, oil inventories around the world that act as a buffer against supply disruptions are nearly depleted, industry executives said at a conference in London. The report notes that market vulnerability is rising and putting upward pressure on prices. On 5ch, the thread discussed the underlying factors — the situations in Ukraine and Iran, rising transport costs around the Strait of Hormuz, and the slow pace of EV adoption. Residents of cold regions, who rely on heating oil for heat and hot water, voiced concerns about prices this winter.
10/7 (Wed) 7:13 AM
Reuters
[LONDON, Oct 6 (Reuters)] – Oil inventories available to supply world markets are nearing depletion, increasing market vulnerability and putting upward pressure on prices, industry executives said at a conference in London this week.
Source: topics.smt.docomo.ne.jp / Original article here
What people said
Putin too, right?
Just end the war already…
Feels like they'll blame Trump for everything
But EVs turned out so disappointing that the whole plan's a mess
Yeah, that sounds about right
No way hybrids can win
EVs themselves are still immature, but they rushed ahead chasing sales numbers
Immature? It's a mature, well-established technology
What fantasy are you living in?
It was already concluded before the war that it's hopeless until roads can supply power directly like in F-Zero.
The fact that no military vehicles use it proves the point.
Apparently small ships pass through the Strait of Hormuz
and transfer their cargo to large tankers once outside the strait
They can still get through, but it costs more than before
Restrictions on heating oil procurement look likely, and the price of naphtha (an oil-derived product) has roughly doubled, so costs are clearly up. The government's spending 200 billion yen a month just to hold gasoline at 170 yen — if you still want to insist that's not a crisis, be my guest
For people in cold regions, this is literally life or death
Exactly
I'm buying thick loungewear so I don't have to use heating oil
Oil goes into all kinds of things, even tires and parts, so 'getting off oil' is a fantasy
Don't talk nonsense, idiot
Can't wait
No way that's happening
Trump starts saying 'We're not selling to Japan anymore'
Takaichi is done for
Totally plausible
Is Japan even invested in it? He'd probably just say 'who cares'
What's going to happen with heating oil this winter?
Heating, hot water, all of it runs on kerosene.
Might be worth switching to a new heater
An electric one
Huh?
It's going up though
Even if you win with nukes, you can't rebuild afterward, so oil production would crash
Still no end in sight
It's really dragging on, dunno what they're even doing
Maybe both sides are too worn down to push forward?
but the market's staying calm
The pipeline they repaired got attacked again and is shut down.
The media isn't reporting it though.
That's why they're quietly expanding exports by shipping oil out via the Hormuz side instead.
For now it's fine because Iran's letting it slide.
We're still living normally though?
>It's a crisis threatening the nation's survival, yet the SDF won't go to the Strait of Hormuz
Go to Hormuz and do what, exactly?
If a US carrier fleet can't even make a dent, what could the SDF possibly do?
Though I guess they could ally with Iran and wipe out the US military… maybe
Background and Key Points of This Topic
Oil “inventories” refer to the volume actually circulating on the market, separate from producer countries’ spare production capacity or consumer nations’ strategic petroleum reserves — the thinner these inventories get, the more easily prices spike from even a temporary supply disruption. This report comes against a backdrop of overlapping supply risks: restricted flows of Russian crude due to the Ukraine war, tensions around the Strait of Hormuz tied to the Iran situation, and attacks on pipelines. In the thread, opinions clashed between those who thought the shift to EVs was supposed to reduce oil dependence, and those who argued that getting off oil is a fantasy as long as oil-derived parts like tires remain. In Japan, many cold regions rely on heating oil for heat and hot water, so it’s easy to overlook how rising crude prices hit daily infrastructure even more directly than they hit transport fuel.
*This article is excerpted and summarized from the 5ch (News Express+) thread “[Energy] World oil inventories nearly depleted as buffer against supply disruptions.”
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