EIA: China Led 2025 Global Oil Stocks With 1.4 Billion Bbl


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- China continued to lead world oil inventories in 2025, 
with stockpiles climbing 1.1 million bpd to reach an estimated 1.4 billion bbl, 
the U.S. Energy Information Administration (EIA) said in an analysis published 
Monday (4/20).

   The United States held the second largest volume of strategic oil last year, 
with 413 million bbl in the Strategic Petroleum Reserve, while its commercial 
stocks totaled 411 million bbl, the EIA said. Total U.S. storage capacity was 
714 million bbl.

   Japan and OECD Europe maintained strategic reserves of 263 million bbl and 
179 million bbl, respectively, while South Korea held 79 million bbl to round 
out the top five.

   The EIA notes that while OECD stocks are primarily government-mandated for 
emergencies, China's growth is driven by both strategic security and expanded 
commercial refinery storage.




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