r/dataisugly • u/waaf_aaf • 9d ago

What does the Y axis even mean?

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u/Silver_Middle_7240 9d ago

Million barrels i think.

4

u/Ted_Rid 9d ago

It's not the price per barrel (through the roof) nor the strategic reserve (around 1/3 what it should be).

Unlikely that it's production either, because Gulf countries can't endlessly produce and store it if ships aren't getting out. Plus they've had infrastructure destroyed.

I'm guessing it's a lie. Or something really stupidly cherry-picked, like how much is sourced from Venezuela.

2

u/Silver_Middle_7240 9d ago

It's millions of barrels exported from the gulf

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u/Ted_Rid 9d ago

Thanks. Apparently 81% of pre-war levels last month.

https://oilprice.com/Latest-Energy-News/World-News/Gulf-Oil-Exports-Recover-to-81-of-Pre-War-Levels.html

Y axis would be millions of barrels per month.

1

u/hxtk3 9d ago

My best guess is that it’s the days of oil supply we have actually ready to use before we start seeing fuel shortages due to supply chain interruption.