CO₂ injection into oil reservoirs is expected to achieve enhanced oil recovery along with the benefit of carbon storage, while the application potential of this strategy for shale reservoirs is unclear. In this work, a numerical model for multiphase flow in shale oil reservoirs is developed to investigate the impacts of nano-confinement and oil composition on shale oil recovery and CO₂ storage efficiency. Two shale oils with different maturity levels are selected, with the higher-maturity shale oil containing lighter components. The results indicate that the saturation pressure of the lower-maturity shale oil continues to increase with increasing CO₂ injection, while that of the higher-maturity shale oil continues to decrease. The recovery factor and CO₂ storage rate for higher-maturity shale oil after CO₂ huff-n-puff are 12.02% and 44.76%, respectively, while for lower-maturity shale oil, these are 4.41% and 69.33%, respectively. These data confirm the potential of enhanced oil recovery in conjunction with carbon storage in shale oil reservoirs. Under the nano-confinement impact, a decrease in the oil saturation in the matrix during production is reduced, which leads to a significant increase in oil production and a significant decrease in gas production. The oil production of the two kinds of shale oil is comparable, but the gas production of higher-maturity shale oil is significantly higher. Nano-confinement shows a greater impact on the bubble point pressure of higher-maturity shale oil and a more pronounced impact on the production of lower-maturity shale oil.