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.
Oil prices settle lower as IEA warns that trade tensions will undercut demand
Oil futures edged lower Thursday morning, after the International Energy Agency’s monthly report underscored worries that rising global trade tensions could undercut energy demand.
IEA Says Trade Tensions Weigh on Oil Demand, Warns of 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.
Trade War Erodes Oil Demand as OPEC+ Boosts Supply, IEA Says
Global oil demand is under pressure from the escalating trade war at the same time that OPEC+ is reviving output, threatening to deepen a supply surplus, the International Energy Agency said.
IEA: Global oil demand to accelerate in 2025 despite economic uncertainty
Global oil demand is expected to grow by over 1 million b/d in 2025, up from 830,000 b/d in 2024, reaching a total of 103.9 million b/d, according to IEA data.
Global oil supply expected to exceed demand by 1 million b/d in 2025: IEA
IEA projects global oil supply to exceed demand by 1 million b/d in 2025 due to trade tensions and OPEC+ cuts.
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,
CERAWEEK IEA chief sees need for investments in existing oil, gas fields
Fatih Birol, the director of the Paris-based International Energy Agency, said on Monday there is a need for investment in ...
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IEA lowers 2025 global oil supply growth estimate by 100,000 bpd to 1.5 mln bpd, expects 600,000 bpd surplus
MOSCOW. March 13 (Interfax) - The global oil supply in 2025 will increase by 1.5 million barrels per day (bpd) to 104.5 million bpd, according to the monthly report of the International Energy Agency ...
OilPrice.com22h
OPEC Demands Consistency After Another IEA U-Turn
OPEC criticizes the IEA's inconsistent messages regarding oil and gas investment, highlighting a recent "U-turn" from ...
Russian Oil Exports Almost Intact But Prices Take Hit, IEA Says
Russian oil exports edged lower in February following the imposition of the latest round of US sanctions, but widening price discounts curbed revenues, according to the International Energy Agency.
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IEA: Chinese oil consumption peaks as EVs surge
Total Chinese oil demand continued to grow in 2024, supported by higher demand from the petrochemical sector. But Chinese ...
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IEA: The World Needs Upstream Oil and Gas Investment
The International Energy Agency (IEA) has shifted its stance, with Executive Director Fatih Birol stating that upstream investments in existing oil and gas fields are necessary to support global ...
CNBCTV188h
Crude oil prices pare weekly loss as US sanctions offset bleak IEA outlook
The White House imposed sanctions on Iran’s oil minister and on more companies and vessels used in the transport of the OPEC ...