Oil Prices Dip Amid Supply Surplus Concerns In 2025
Forecasting the Future of Oil and Energy Under Trump 2.0
OPEC Lowers Demand Forecast Again – Commerzbank
Oil Headed for Weekly Gains as Sanctions Outlook Raises Supply Worries -- Market Talk
IEA Monthly Report: Even if OPEC+ delays production increases, there will still be an oversupply of oil next year!
The IEA stated that if OPEC+ implements the production recovery plan starting in April, the Global market will face a surplus of 1.4 million barrels per day. The IEA has raised the forecast for global oil demand growth in 2025 by 90,000 barrels to 1.1 million barrels, mainly due to the economic stimulus measures recently announced by China.
Crude Oil Jumps Back Above $70 as US Inventories Fall to Lowest Level