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EIA forecasts higher oil stockpiles in 2025 amid sluggish demand

GenevaTimes by GenevaTimes
June 11, 2025
in Europe
Reading Time: 2 mins read
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EIA forecasts higher oil stockpiles in 2025 amid sluggish demand
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Economy
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11 June 2025 19:38 (UTC +04:00)

EIA forecasts higher oil stockpiles in 2025 amid sluggish demand

Photo: KazMunayGas


Global oil inventories have grown steadily over the first five months of 2025 and are expected to rise further through the remainder of the year, according to the latest Short-Term Energy Outlook (STEO) released by the U.S. Energy Information Administration (EIA).

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