Global Oil Market Faces a Million-Barrel Glut Next Year, the IEA Says
(Bloomberg) — Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, cushioning prices against turmoil in the Middle East and beyond, the International Energy Agency said.
14 Nov 00:00 · Financial Post
China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says
The oil market could see a surplus of one million barrels of crude a day in 2025, the IEA forecast.The excess will be driven by low demand in China and
14 Nov 20:25 · Business Insider Nederland
last updated on 15 Nov 01:26