Monthly Oil Statistics

The latest IEA's Monthly Oil Statistics report including May 2025 data shows that for Total OECD:

• Production of crude oil, NGL and refinery feedstocks grew by 1.4% compared to the same month last year
• Refinery gross output of total products decreased (-1.2%) on a year-on-year basis
• Net deliveries of total products decreased slightly in May 2025 compared to May 2024 (-0.8% y-o-y)
• Oil stock levels on national territory grew by 776 kt in May 2025 compared to the closing stock levels in April 2025 and closed at 468.4 million metric tons.