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Art Berman, industry influencer, has raised concerns over a potential major oil supply shortfall. In an analysis using data from Goldman Sachs, EIA, and IEA, Berman calculated a possible 1631 million barrel shortage if current conditions hold.
Berman emphasized that markets are not adequately prepared to handle this scale of disruption, highlighting the need for urgent attention to oil supply-demand balances.
Earlier this year, Chris Martenson projected that oil could surpass $200 a barrel within six months amid rising U.S. tensions with Iran. Martenson also reported when White House officials responded publicly after a 1 percent drop in the S&P 500. Both events contributed to heightened attention on market risks.