OPEC+ production growth will lead to oversupply of 1.4 mln bpd in 2025 — IEA
Disclaimer: TASS is Russian government propaganda, and not a reliable news source.
Gradual exit from the OPEC+ voluntary restrictions planned for the end of March 2025 will increase the excess supply on the market from 950,000 bpd to 1.4 million bpd