IEA sees global oil market surplus for 2025 as demand disappoints
International Energy Agency Lowers 2025 Oil Demand Growth Forecast The International Energy Agency (IEA) recently announced a revision in its forecast for global oil demand growth in 2025. The agency has decreased its projection by 70,000 barrels per day (bpd) to approximately 1 million bpd. This adjustment highlights a shift in the anticipated trajectory of…
