Oil near record level: Crude shock reveals fragile energy markets; Inventories no longer enough – JPMorgan – Markets
Written by: Heena Ojha Updated May 1, 2026 09:51 IST Oil price continue to remain elevated amid West Asia tension. (Image: iStock/ ET Now Digital) The recent spike in global oil prices, where crude briefly surged to USD 126 per barrel on April 30, has exposed a fragile reality beneath the surface of global energy…
