In 2023, Germany's crude oil stock change stood at 185.26 thousand tonnes of oil equivalent. The forecasted data for 2024 to 2028 shows an upward trend, with values increasing each year, indicating a steady growth. The year-on-year growth from 2024 to 2028 ranges from 9.34% to 7.10%, suggesting a consistent increase in oil stock levels. The compound annual growth rate (CAGR) over the five-year forecast period is approximately 8.48%.
Future trends to watch include potential geopolitical influences on oil supply chains and changes in Germany's energy policies aimed at reducing reliance on fossil fuels, which could impact stock changes post-2028.
