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IEA raises 2024 oil demand forecast, sees surplus looming in 2025
Global oil demand is expected to expand by 920 kb/d this year, the International Energy Agency said on Thursday, while it expects global supply to exceed consumption by more than 1 mb/d next year, primarily due to a slowdown in China's economy.
IEA sees 2025 oil market in supply surplus
LONDON, Nov 14 (Reuters) - The world's demand for oil will fall short of supply by more than 1 million barrels per day (bpd) in 2025 even if OPEC+ cuts remain in place, the International Energy Agency (IEA) said in its monthly oil market report on Thursday ...
Oil News: IEA Forecasts 2025 Supply Surplus, Bearish Outlook for Oil Prices
Oil prices steady as IEA forecasts 2025 surplus; strong dollar and rising U.S. output add bearish sentiment to crude market outlook.
IEA Lifts 2024 Oil Demand Forecast But Trims 2025 Projections
The International Energy Agency raised its forecast for this year’s oil-demand growth but slightly trimmed next year’s estimates, citing the impact of China’s economic slowdown on consumption.
IEA Raises 2024 Oil Demand Projection, Trims Next Year's
KEY TAKEAWAYS The International Energy Agency (IEA) raised its projection for 2024 oil demand growth but trimmed its forecast for next year, citing China's slowing economy.The IEA said oil demand is forecast to grow by around 920,
2h
China producers rush to deliver surplus zinc to Shanghai exchange
Chinese zinc producers are rushing to send 30,000 to 40,000 metric tons of refined zinc to warehouses registered with the ...
7h
on MSN
King Charles marks 76th birthday at ‘surplus food festival’
King Charles III marked his 76th birthday on Thursday by opening two new food distribution hubs - one in person and the other ...
U.S. News & World Report
14h
Notre Dame's Restoration Surplus of Nearly $150M Will Be Used for Future Preservation
Notre Dame's Restoration
Surplus
of Nearly $150M Will Be Used for Future Preservation PARIS (AP) — More than five years ...
51m
Charles makes birthday visit to surplus food project
The King shared his 76th birthday with the first anniversary of his Coronation Food Project and treated it as a normal ...
Republican-American
1d
Projected state budget surplus increases to $276.5 million
The projected state
surplus
for the current 2025 fiscal year increased nearly fourfold from $71.2 million to $276.5 million ...
4h
China's weak oil demand may lead to global surplus of 1 mn barrels: How would crude prices react?
The surplus could provide a buffer for prices against potential supply-side price shocks from conflicts in West Asia and ...
2d
on MSN
Veteran-owned military surplus store reopens after Hurricane Helene, on Veterans Day
Tim Glance is the owner of Old Grouch’s Military Surplus, and it’s a gig he’s been running after serving 24 years in the U.S.
Crude Oil Prices
4h
IEA Warns of Oil Market Surplus Amid Weak Demand in 2025
Global oil supply is rising, driven by US production growth, potentially leading to a
surplus
next year. Slow economic ...
The Harvard Crimson
2d
Harvard FAS Reports $3 Million Surplus for Fiscal Year 2024, Lowest Since 2020
The Harvard Faculty of Arts and Sciences closed fiscal year 2024 with a $3 million surplus — its smallest surplus since 2020, ...
Statecollege.com on MSN
1d
From Surplus to Sold: ‘Get Here Early’
We take used, surplus items from all Penn State departments across all campuses, sell them to individuals and businesses who ...
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