Search TradeFlow


EIA: Global stock builds to keep oil prices below $60/bbl through 2018

Global petroleum and other liquid fuels inventory builds averaged 900,000 b/d in 2016, marking the third consecutive year of gains. According to the US Energy Information Administration’s Short-Term Energy Outlook, issued this month, the pace of stock builds is expected to slow considerably to an average of 300,000 b/d in 2017 and 100,000 b/d in 2018.




This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Envestor First and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.