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IEA sees global oil market surplus for 2025

IEA sees global oil market surplus for 2025 as demand disappoints

Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said on Thursday, due to growth led by the United States and weaker than expected global demand.

Bloomberg L.P. · 2d

Oil Demand Threatened by Trade War, Tariffs: IEA

You and the team write that macro conditions that underpin our oil demand projections deteriorated over the past month as trade tensions escalated. What is your estimation in just how harmful some of the tariffs,

The Wall Street Journal on MSN · 2d

IEA Says Trade Tensions Weigh on Oil Demand, Warns of Larger Supply Surplus

The International Energy Agency said the macroeconomic conditions underpinning its oil-demand projections have worsened over the past month due to global trade tensions, and that it sees a bigger-than-anticipated supply surplus if OPEC+ raises output beyond April.

MT Newswires on MSN · 2d

Oil Supply to Exceed Demand in 2025 as Trade Tensions Cloud Outlook, IEA Says

Global oil supply is expected to exceed demand this year, while trade tensions are clouding the outlook, the International Energy Agency said on Thursday. The agency's projections suggest supply may exceed oil consumption by around 600,

Investing3d

U.S. Crude Oil Inventories

US oil futures rise despite API inventory showing larger build in crude stocks By Investing.com - Mar 11, 2025 1 Investing.com -- U.S. crude oil futures move above post-settlement levels Tuesday ...

FXEmpire.com8d

Oil News: Sanctions and Producer Inflation Data Keep Crude Prices on Edge

Sun, 09 Mar 2025 05:55:04 GMT Crude oil prices near 4-month highs as traders await U.S. inflation data and Fed policy signals impacting oil demand. WTI crude tests key technical levels with ...

Upstream8d

Oil prices near three-year low on trade war fears, Opec+ output hike

Oil prices have declined by more than 3% since Wednesday, nearing a three-year low amid concerns that Opec+ plans to increase output in April and US President Donald Trump’s trade war could ...

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IEA sees global oil market surplus for 2025

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