- Slowing demand growth and surging supply put global oil markets on course for major surplus this decade https://www.iea.org/news/slowing-demand-growth-and-surging-supply-put-global-oil-markets-on-course-for-major-surplus-this-decade 12 comments energy
- New analysis by IEA suggests that crude oil demand will peak by 2030 at 106 million barrels per day (mbd), up from 102 mbd in 2023. But the oil supply will continue to increase to 114 mbd, leading to a surplus of 8 mbd by 2030. https://www.iea.org/news/slowing-demand-growth-and-surging-supply-put-global-oil-markets-on-course-for-major-surplus-this-decade 5 comments science
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