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European think tank: Oil market supply and demand imbalance will continue until 2027

European think tank: Oil market supply and demand imbalance will continue until 2027

老虎证券老虎证券2026/06/16 03:59
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The report points out that the conflict in the Middle East has led to the effective closure of the Strait of Hormuz, causing the largest-scale energy supply shock in history. In 2025, about 15 million barrels of crude oil and 5 million barrels of petroleum products will be transported daily through the Strait of Hormuz, accounting for approximately 20% of global supply. According to the International Energy Agency, since the shipping through the strait was blocked, the global oil supply gap has averaged 12.8 million barrels per day. The report believes that even if the Strait of Hormuz reopens in the short term, restarting oil fields and dispatching oil tankers will still take several months, and the imbalance between supply and demand in the global oil market is expected to persist until 2027.
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