Demand growth due to economic recovery, slower supply growth will contribute to global oil inventory draws beginning in third quarter 2020: EIA forecasts

摘要

WASHINGTON - The U.S. Energy Information Administration's (EIA) Short-Term Energy Outlook (STEO) for May, released this week, forecasts that firmer demand growth as the global economy begins to recover and slower supply growth will contribute to global oil inventory draws beginning in the third quarter of 2020. EIA says it expects global liquid fuels inventories will fall by 1.9 million barrels per day in 2021.