Oil’s Big Reset: Hormuz, China Demand and the Future of OPEC Spare Capacity

BI Energy Exchange -- June 17, 2026 Join our mailing list here: https://research-view.bloomberg.com/p... #OilMarket #EnergyExchange #CrudeOil #OPEC #UAEOil #StraitOfHormuz #EnergyTransition #CommodityOutlook #OilPrices #OilSupply #EnergyInfrastructure #ChinaDemand #StrategicPetroleumReserve #BypassPipelines #OilGlut #GlobalEnergy #MacroEconomics #SaudiArabiaOil #LNGMarket #FuelSwitching #InventoryDrawdown #MarketVolatility #OilAnalysis #EnergySecurity #PeakHorrors Bloomberg Intelligence is a service provided by Bloomberg Finance L.P. and its affiliates ("Bloomberg"). Bloomberg is not an officially recognized credit rating agency in any jurisdiction, and customers should not use or rely on Bloomberg Intelligence to comply with applicable laws or regulations that prescribe the use of ratings issued by accredited or otherwise recognized credit rating agencies. Bloomberg Intelligence, including Credit and Company research, may not be available in certain jurisdictions. No aspect of the Bloomberg Intelligence service is based on the consideration of a customer's individual circumstances. Customers should determine on their own whether they agree with Bloomberg Intelligence. Bloomberg Intelligence should not be construed as tax or accounting advice or as a service designed to facilitate any Bloomberg Intelligence customer’s compliance with its tax, accounting, or other legal obligations. Bloomberg believes that the information it uses in Bloomberg Intelligence comes from reliable sources but does not guarantee the accuracy or completeness of the information contained in Bloomberg Intelligence, which is subject to change without notice, and nothing in this service shall be construed as such a guarantee. Employees involved in Bloomberg Intelligence may hold positions in the securities analyzed or discussed on Bloomberg Intelligence. Bloomberg makes no claims or representations, or provides any assurances, about the sustainability characteristics, profile or data points of any underlying issuers, products or services, and users should make their own determination on such issues. The data included in these materials are for illustrative purposes only. The BLOOMBERG TERMINAL service and Bloomberg data products (the “Services”) are owned and distributed by Bloomberg Finance L.P. (“BFLP”) except (i) in Argentina, Australia and certain jurisdictions in the Pacific islands, Bermuda, China, India, Japan, Korea and New Zealand, where Bloomberg L.P. and its subsidiaries (“BLP”) distribute these products, and (ii) in Singapore and the jurisdictions serviced by Bloomberg’s Singapore office, where a subsidiary of BFLP distributes these products. BLP provides BFLP and its subsidiaries with global marketing and operational support and service. Certain features, functions, products and services are available only to sophisticated investors and only where permitted. BFLP, BLP and their affiliates do not guarantee the accuracy of prices or other information in the Services. Nothing in the Services shall constitute or be construed as an offering of financial instruments by BFLP, BLP or their affiliates, or as investment advice or recommendations by BFLP, BLP or their affiliates of an investment strategy or whether or not to “buy,” “sell,” or “hold” an investment. Information available via the Services should not be considered as research analysis or research recommendation or an opinion concerning any financial products or securities or entity or as information sufficient upon which to base an investment decision. The following are trademarks and service marks of BFLP, a Delaware limited partnership, or its subsidiaries: BLOOMBERG, BLOOMBERG ANYWHERE, BLOOMBERG MARKETS, BLOOMBERG NEWS, BLOOMBERG PROFESSIONAL, BLOOMBERG TERMINAL and BLOOMBERG.COM. Absence of any trademark or service mark from this list does not waive Bloomberg’s intellectual property rights in that name, mark or logo. All rights reserved. © 2026 Bloomberg.