U.S. crude inventory coverage falls to a 50-year low

The U.S. reportedly has only about 41 days of crude oil inventory coverage remaining, the lowest level in roughly half a century.
That highlights how thin the country's oil buffer has become relative to consumption.
Inventory coverage matters because it determines how long existing stocks could cushion the economy if imports or domestic supply were disrupted.
With geopolitical risk elevated, a historically low buffer increases sensitivity to any shock in global crude flows.
For $WTI, the market has less room for error.

U.S. crude inventory coverage falls to a 50-year low