IEA sees global oil market surplus for 2025

IEA sees global oil market surplus for 2025 as demand disappoints
Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said on Thursday, due to growth led by the United States and weaker than expected global demand.
Oil prices settle lower as IEA warns that trade tensions will undercut demand
Oil futures settled lower on Thursday after the International Energy Agency’s monthly report underscored worries that rising global trade tensions could undercut energy demand.
IEA Says Trade Tensions Weigh on Oil Demand, Warns of Larger Supply Surplus
The International Energy Agency said the macroeconomic conditions underpinning its oil-demand projections have worsened over the past month due to global trade tensions, and that it sees a bigger-than-anticipated supply surplus if OPEC+ raises output beyond April.
Oil Demand Threatened by Trade War, Tariffs: IEA
You and the team write that macro conditions that underpin our oil demand projections deteriorated over the past month as trade tensions escalated. What is your estimation in just how harmful some of the tariffs,
Oil Supply to Exceed Demand in 2025 as Trade Tensions Cloud Outlook, IEA Says
Global oil supply is expected to exceed demand this year, while trade tensions are clouding the outlook, the International Energy Agency said on Thursday. The agency's projections suggest supply may exceed oil consumption by around 600,
S&P Global says auto industry has 1 week before massive production halt due to tariffs
S&P Global Mobility released its study on the impact the tariff war will have on autos. The chance of bad-to-dire ...
Global equity funds see declining demand on esclating trade tensions
Global equity funds saw weaker demand in the week through March 12, amid a global stock sell-off driven by concerns over U.S.
Electronics3604h
Global growth of the industrial IoT
The global market for IIoT is anticipated to reach $391.8 billion by 2028, with North America and Europe leading the charge ...
CompositesWorld8h
Carbon fiber’s changing global landscape
The demand for carbon fiber is evolving and several key factors are shaping the market’s rapid transformation.
Healthcare Asia Magazine on MSN9h
Global condom market to reach $26.3b by 2035
Asia-Pacific will dominate the market during the forecast period. The global condom market is projected to reach $26.3b by ...
From champagne to bourbon, alcohol lands on front lines of global trade war
Alcohol has landed on the front lines of a global trade war, throwing French wines, Irish whiskeys, Kentucky bourbon, ...
How Trump can make the U.S. a global industrial leader
As the new term of the Trump administration gets settled, the United States’ economy sits at a crossroads. With hundreds of ...
CNA17m
Bolstering semiconductor supply chain resilience with a robust global network
Through strategic investments, cutting-edge R&D and global partnerships, Fujifilm is strengthening its position as a key ...
JBX Market Head on How Joburg Event Can Boost Africa as ‘Global Force’ in Film and TV Production
The industry event running parallel to the Joburg Film Festival looks to harness the power of African creators to share their ...
Auto industry potentially faces massive production halt due to tariffs, firm says
S&P Global put the probability of the auto industry experiencing an extended disruption period at 50%. That includes a host ...