Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

LONDON:The world's oil supply will exceed demand in 2025 even if OPEC+ cuts remain in place, the International Energy Agency ...

Global oil demand is expected to expand by 920 kb/d this year, the International Energy Agency said on Thursday, while it ...

Global oil supply will exceed demand in 2025 even if Opec+ cuts remain in place, the International Energy Agency (IEA) said ...

Despite the Middle East unrest, traders are focusing on the growing oil production in the Americas, particularly in the US, ...

Guyana, and Argentina. “Our current balances suggest that even if the OPEC+ cuts remain in place, global supply exceeds ...

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, the ...

The surplus could provide a buffer for prices against potential supply-side price shocks from conflicts in West Asia and ...

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, cushioning prices against turmoil in the Middle East and beyond, the ...

The monthly report from the IEA bears no change in the narrative for the 2025 outlook. The US Dollar Index rallies further after President-elect Trump secures a majority in both Senate and House.

The International Energy Agency on Thursday increased its 2024 global oil demand outlook as consumption in advanced economies rebounded in the third quarter. World oil demand is now expected to grow ...

World oil production increased by 406 kb/d in July to 81,591 kb/d. For December 2025, production is expected to be 84,634 ...