Global oil supply expected to exceed demand by 1 million b/d in 2025: IEA
IEA projects global oil supply to exceed demand by 1 million b/d in 2025 due to trade tensions and OPEC+ cuts.
Oil prices tick lower as IEA warns trade tensions will undercut demand
Oil futures headed lower on Thursday after the International Energy Agency's monthly report underscored worries that rising global trade tensions could undercut energy demand.
Oil dips as economic concerns, supply and demand expectations weigh
Oil prices slipped on Thursday after surging in the previous session on a larger-than-expected draw in U.S. gasoline stocks, ...