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Publication date: June 12, 2024
Global Oil Supply Glut Predicted by IEA as Demand Plateaus

Global Oil Supply Glut Predicted by IEA as Demand Plateaus

The International Energy Agency forecasts a significant overflow in global oil supply as world consumption peaks before 2030, leading to potential price impacts.

Oil
An overflow of global oil supply is anticipated to hit the market within this decade as the International Energy Agency's latest report highlights a peak in world consumption ahea… [+1913 chars]
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