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Oil Extends Drop as IEA Puts Glut Back in Focus After OPEC+ Hike
12 Sep 2025 09:14 GMT
Brent is still set for a modest gain, but futures are more than 10% lower for the year and are facing pressure from the looming surplus. Earlier in the week, the Energy Information Administration said the widely anticipated glut was already underway, …
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Oil prices jump more than 2% amid Opec+ output boost
12 Sep 2025 14:29 GMT
… affect global oil markets as Opec+ decided to raise production for … since April.
This week, the International Energy Agency raised expectations of 2025 and … 3.06 million bpd, respectively. Opec held steady its 2025 as …
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IEA forecasts rapid rise in global oil supply
12 Sep 2025 12:57 GMT
The International Energy Agency (IEA) has indicated that global … growth of supply from non-OPEC+ countries.
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The IEA, which provides guidance to … deliveries in advanced economies.
The IEA said: “Oil markets are …
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The Commodities Feed: IEA Expects Record Oil Glut Next Year
12 Sep 2025 12:38 GMT
The International Energy Agency (IEA) continues to see a … returning only gradually
Energy – IEA Boosts its Oil Supply … its previous forecast. The IEA attributes this to limited … unchanged from previous projections.
OPEC continued to project a substantial …
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Global oil market to witness higher supply, surplus – IEA
12 Sep 2025 05:22 GMT
… the group grows, the International Energy Agency said on Thursday, and … million bpd previously forecast, the IEA, which advises industrialised countries, … OPEC+ is adding more crude to the market after the Organization of the Petroleum Exporting Countries …
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IEA raises 2025 oil supply forecast after OPEC+ output hike decision
11 Sep 2025 08:23 GMT
LONDON - The International Energy Agency on Thursday raised its forecast … supply growth this year following OPEC+'s decision to hike … against a backdrop of higher OPEC+ supply and the prospect of … bloated oil balances," the IEA said in its monthly oil …
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Crude oil futures fall as IEA report signals rising supply
12 Sep 2025 05:27 GMT
… Friday morning after the International Energy Agency’s (IEA) Oil Market Report … million barrels a day as OPEC+ (Organization of Petroleum … , it said.
Meanwhile, OPEC’s monthly oil market report … consumption in emerging economies.
OPEC’s report said that …
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Russian oil output rises in August, OPEC data shows
12 Sep 2025 04:56 GMT
… 50,000 bpd from July, OPEC monthly data showed on Thursday … an OPEC+ agreement.
The OPEC figure was in contrast with the International Energy Agency’s … 9.3 million bpd.
OPEC also said that Kazakhstan’s … million bpd, compared with an IEA estimate of 1.8 million …
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IEA: Global oil markets pulled in different directions by sanctions risks and looming oversupply
12 Sep 2025 04:56 GMT
… unwinding output cuts and non-OPEC+ supply hovered near all-time … prices were little changed after OPEC+ agreed on 7 September to … our estimates. As of September, OPEC+ will have ramped up actual … yet alter market balances.
Source: IEA
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World oil market to see higher surplus after Opec+ hike, IEA says
11 Sep 2025 22:21 GMT
… , the International Energy Agency said on Thursday, in contrast to OPEC' … bpd previously forecast, the IEA, which advises industrialised countries, … OPEC+ is adding more crude to the market after the Organization of the Petroleum Exporting Countries …