IEA: Global Oil Market Predicted to Encounter Record-Breaking Oversupply in 2025
2025-08-13 / Read about 0 minute
Author:小编   

The global oil market is anticipated to confront a record-breaking oversupply in 2025. Despite robust demand for oil in OECD nations, which has been fueled by lower oil prices, global observable oil inventories surged to a 46-month peak in June. Furthermore, global crude oil processing is forecast to attain an all-time high in August, intensifying the pressure of oversupply even more.

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