J P M O R G A N Global Commodities Research 29 May 2025 Oil Demand & Inventory Tracker Global oil demand rises with increased US travel. Liquids inventories edge up US oil consumption lifted by strong gasoline demand Global oil stocks inch higher last week Global Commodities Research Prateek Kedia (1-646) 326 1124 prateek.kedia@jpmchase.com J.P. Morgan India Private Limited Natasha Kaneva (1-212) 834-3175 natasha.kaneva@jpmorgan.com JPMorgan Chase Bank NA See page 10 for analyst certification and important ...