How much oil-market buffer is left?

Automated excerpt

It traded above $28 on Sep 10, eased to $27. 00 on Sep 11, and stood at about $27. 80 on Sep 14 — the highest levels since December 2022. In the week ending Sep 4, withdrawals averaged about 0. 18 million barrels per day, down about 60% from the previous week. It assumes withdrawals of 1. 35M barrels per day from the reported 285. 4M barrels on Sep 4.

Selected automatically from source text; not independently written or fact-checked. Read the original for full context.