地缘政治成焦点之际，原油库存增加-Bernstein Energy_ Oil inventories build while geopolitics take centre stage

22 January 2026 Bernstein Energy: Oil inventories build while geopolitics take centre stage Asia-Pacific Oil & Gas Neil Beveridge, Ph.D. +852 2123 2648 neil.beveridge@bernsteinsg.com Bob Brackett, Ph.D. +1 917 344 8422 bob.brackett@bernsteinsg.com Irene Himona, Ph.D. +44 20 7762 5353 irene.himona@bernsteinsg.com We expect inventories to build through 2026, with supply growth outpacing demand. Global oil demand is expected to grow by almost1.0MMbls/d to 105MMbls/ d with non-OECD Asia (0.4MMbls/d) contributin ...