• 11/26/2024

IEA Cuts 2025 Oil Demand Forecast, Lifts Supply View

Wall Street Journal

The International Energy Agency trimmed its forecast for oil-demand growth next year and raised supply estimates, a scenario that would likely leave the market in surplus, reinforcing its expectations of a major glut this decade.

https://www.wsj.com/articles/iea-cuts-2025-oil-demand-forecast-lifts-supply-view-84a19fba