Dwindling oil reserves and inflation risk for Bitcoin

Source Link: Declining Oil Reserves and Inflation Risk for Bitcoin The 113 million barrel drop in oil reserves raised concerns about inflation and the future of Bitcoin. Read the full reading of this news from Safir Arjan website. Source site: Safir Arjan

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A sharp decline in onshore oil reserves has raised fresh concerns about continued global inflation and its impact on Bitcoin. International Energy Agency statistics show that in September 2026, onshore oil reserves decreased by about 113 million barrels and reached one of the lowest levels in the last decade.

According to CryptoSlate, a report published on October 16 shows that this decline was largely offset by an increase of 103 million barrels of oil stored on water. In Safir Arjan, we examine why this shift could be important for the digital currency market.

According to the report of the International Energy Agency (IEA), the total visible oil reserves of the world decreased by only 10 million barrels in September; But onshore stocks are nearing their lowest levels since 2016.

At the same time, the increase in the cost of sea transportation and the price of diesel has put more pressure on the companies. The Fed's Big Book report also shows that some businesses have passed the higher cost of fuel on to the supply chain.

The continuation of these conditions can make it difficult to reduce inflation and reduce the possibility of rapid easing of the US monetary policies.

Sefir Arjan's analysts believe that the continuation of high energy prices can strengthen inflationary expectations and limit the possibility of interest rate reduction. Such conditions are usually challenging for high-risk assets like Bitcoin. Iranian traders should follow the developments of the oil market, the dollar index and the decisions of the Federal Reserve in addition to the Bitcoin price trend. The return of oil reserves and the reduction of transportation costs can moderate part of this pressure.