Is the Market Sleepwalking Into a Global Oil Shortage?

The International Energy Agency warns that without $540 billion in annual upstream investment, global oil output will plunge as faster decline rates and reliance on shale set the stage for future ... Read More

Global oil supply set to grow faster, with potential 2026 surplus, says IEA

IEA forecasts faster global oil supply growth, projecting a potential 2026 surplus due to increased OPEC+ and non-OPEC+ output. Read More

Global oil markets face record supply glut next year, IEA says

Global oil markets are on track for a record surplus next year as demand growth slows and supplies swell, the International Energy Agency said. Oil inventories will accumulate at a rate of 2.96 ... Read More

World oil market to see higher surplus after OPEC+ hike, IEA says

World oil supply will rise more rapidly this year and a surplus could expand in 2026 as OPEC+ members increase output and supply from outside the group grows, the International Energy Agency said on ... Read More

Global oil market looks ‘bloated’ amid lackluster demand from major economies

World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply from outside the group grows, the International Energy Agency said ... Read More

World Oil Market Looks More 'Bloated' After OPEC+ Hike, IEA Says

LONDON (Reuters) -World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply from outside the group grows, the International Energy ... Read More

Oil market blind spots give traders a nasty headache

Growing blind spots in the oil market driven by geopolitics are making it harder to determine the true supply-demand balance in the world’s largest and most important commodity market. That’s a recipe ... Read More

Global oil supply set to surge in 2026, says HSBC

HSBC expects a big oil surplus of 1.7 million barrels per day (mbd) from the fourth quarter of 2025, and a surplus of 2.4 mbd in 2026, exacerbated by the return of OPEC+ barrels over the next 12 ... Read More

IEA Lifts Global Oil Supply Forecast, Signaling Bigger Surplus Ahead — Commodities Roundup

Global oil markets are poised for a larger surplus than previously expected this year, with supply set to grow more than three times faster than demand, the International Energy Agency said in its ... Read More

OPEC Raises Oil Demand Growth Estimates for Next Year

OPEC increased its global oil demand growth estimate for 2026 to 1.38 million barrels per day, citing stronger economic performance in key regions. The cartel also revised down its forecast for ... Read More

OPEC, EIA outlooks point to higher oil production this year but slower growth in 2026

OPEC raised its expectations Tuesday for global oil demand growth next year while also lowering the supply growth forecast for producers outside the wider OPEC+ group, signaling a tighter oil outlook, ... Read More