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IEA lowers global oil supply forecasts for next two years

By Benjamin Chiou

Date: Thursday 11 Dec 2025

(Sharecast News) - The International Energy Agency has trimmed its global oil supply growth forecasts for 2025 and 2026 due to an expected pickup in demand and lower exports from sanctions-hit Russia and Venezuela.
Oil supplies will grow by 3m barrels a day in 2025 and by 2.4m in 2026, according...

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