Petroleum gas drips from the nozzle of a fuel pump hose at a gas station, operated by Tatneft PJSC, in Kazan, Tatarstan, Russia. (Photographer: Andrey Rudakov/Bloomberg)

Is There Really a Global Shortage of Crude Oil?

(Bloomberg) -- From Russia to Saudi Arabia, Iran to Venezuela, the list of crude oil supplies being curtailed or disrupted around the world is growing longer by the month.

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