EIA Crude Oil Inventories Unexpectedly Rise, Short-term Oil Market Outlook Under Pressure

According to the Wisdom Financial APP, the US Energy Information Administration announced on the week of May 16, 2025 that oil inventories unexpectedly increased by 1.3 million barrels, far exceeding the market's expectation of a decrease of 900,000 barrels. This unexpected change has surprised the market and also put some pressure on the short-term trend of oil prices.