Is it inevitable that there is an "excess supply" of crude oil? Demand for crude oil has been weak this year and inventories continue to accumulate.

According to the app of Wisdom Financial News, the latest research report on bulk commodities released by the Morgan Stanley analyst team shows that global crude oil demand has been weaker than expected since the beginning of the year until early May, and inventory continues to accumulate, indicating that the expectation of "oversupply" in 2025 to 2026 is continuing to ferment. Looking ahead at the outlook for crude oil demand, Wall Street investment institutions such as Morgan Stanley, Goldman Sachs, and ING have said that the 2025 crude oil market may experience a comprehensive oversupply.