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IEA, oil and Global

Global oil market looks ‘bloated’ amid lackluster demand from major economies

World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply from outside the group grows, the International Energy Agency said Wednesday.

Hosted on MSN · 1h

World oil market looks more 'bloated' after OPEC+ hike, IEA says

By Enes Tunagur LONDON (Reuters) -World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply from outside the group grows, the International Energy Agency said on Wednesday.

DPA International on MSN · 1h

IEA once again cuts oil demand forecast amid global growth concerns

The International Energy Agency (IEA) has further trimmed its forecast for crude oil demand this year, citing softer global economic growth and market uncertainties. For 2025, the association of industrialized nations now expects demand to rise by only 680,

IEA raises 2025 oil supply forecast

Reuters on MSN · 4h

Oil falls as IEA raises supply forecast, investors await US-Russia meeting

Oil prices fell on Wednesday after the IEA noted supply overtaking demand this year, while investors awaited Friday's meeting between U.S. President Donald Trump and Russian President Vladimir Putin.

The Wall Street Journal on MSN · 5h

IEA Lifts Global Oil Supply Forecast, Signaling Bigger Surplus Ahead

Global oil markets are poised for a larger surplus than previously expected this year, with supply set to grow more than three times faster than demand, the International Energy Agency said.

Investopedia on MSN · 2h

IEA Raises Global Oil Supply Projections

The International Energy Agency once again has lifted its forecasts for global oil supply this year and next. The IEA on Wednesday now sees global oil supply growth of 2.5 million barrels per day (B/D) this year,

Oil edges up after US warning on Russia sanctions

Oil prices erased losses on Wednesday after U.S. Treasury Secretary Scott Bessent said sanctions against Russia or secondary ...

Commodities: Oil In Wait-And-See Mode Ahead Of Trump Vs. Putin

Despite some short-term supportive factors for the market, oil prices continue to edge lower ahead of Friday’s Trump-Putin ...

8hon MSN

Potential buyer for oil refinery as deadline looms

Lindsey Oil Refinery was taken over by liquidators in June after the owner Prax Group went into administration, putting 420 ...

12hon MSN

Oil prices little changed as industry report points to slowing US demand

Oil prices were little changed on Wednesday after falling in the previous session after an industry report showed U.S. crude ...

Active oil and gas rigs down since Trump took office

President Trump's pledge to "drill baby drill" during his second term is not playing out in the oil patch or fracking zones, ...

Key Oil Marker Highlights Import Shifts as US Pressures India

A closely-monitored oil market metric that tracks the strength of Middle Eastern crude versus global benchmark Brent ...

3hon MSN

Scottish public spending deficit grows as oil revenue drops again

The latest annual Government Expenditure and Revenue Scotland (Gers) report looks at taxes raised from people and businesses ...

CNET on MSN2d

Why Chefs Don't Use Olive Oil for Everything (and What They Use Instead)

Taste: "Everybody's palate is different so the ideal oil for one person may not suit another. Sampling oils in‑store (via ...

4hon MSN

Emirates NBD's Ed Bell on the impact of sub-$60 oil

Emirates NBD's Ed Bell thinks that the heavy levels of spending by Saudi Arabia on projects such as Vision 2030 can slightly ...