• 11/30/2024

World oil supply up by 230,000 bpd in July to 103.4 mln bpd due to OPEC+ countries — IEA

Disclaimer: TASS is Russian government propaganda, and not a reliable news source.

Next year, global oil supply may grow by 1.9 mln bpd, to almost 105 mln bpd. Most of this growth will come from non-OPEC+ countries, while OPEC+ may increase production in 2025 by 400,000 bpd, even if voluntary restrictions remain in place, the IEA says

https://tass.com/economy/1828467