Market Ignored EIA's Oil Supply Surplus Forecast Being Pushed Further Into The Future
EIA's delayed surplus forecast and uncertain oil market fundamentals point to potential price rally. Click to read why oil ...
OilPrice.com13d
$70 Oil? Analysts Cut Forecasts as Supply Surges
Rising supply and potentially weaker-than-expected demand are set to keep oil prices in check this year, with the price ...
Softer demand outlook to weigh on oil, OPEC+ walks a tightrope
Oil prices are set to remain under pressure in 2025 as U.S. tariffs and slowing economic growth in India and China weigh on ...
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IEA Slightly Lifts Oil Demand Outlook, Says Supply Surplus Narrowing
The International Energy Agency modestly raised its forecast for global oil-demand growth and said ... OPEC+ alliance is reducing a projected supply surplus in the market. The Paris-based ...
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What do softer fundamentals mean for the oil market?
Surplus conditions: The global oil market is expected to face a 700,000 b/d surplus in 2025, driven by accelerating non-OPEC supply and slowing demand growth. Commercial and strategic inventories ...
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HSBC forecasts surplus oil in 2025, 2026 on strong supply, sluggish demand growth
March 18 (Reuters) - HSBC expects the oil market to be in a surplus in 2025 and 2026 due to strong supply and sluggish demand growth, the bank said in a note on Tuesday. The bank said that it ...