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Goldman Sachs: Global Crude Oil Inventories May Fall Below 100 Days of Demand by End of May

GateNews

2026-05-28 20:25:24

According to Goldman Sachs calculations released recently, global crude oil inventories could fall below 100 days of global demand as early as the end of May. As of late April, inventories stood at approximately 101 days of demand, with projections showing a decline to 98 days by end of May. Observable inventories tracked via satellite are estimated at just 73 days of demand.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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