MARKETS

IEA report tips global oil supply to outstrip demand in 2024

Despite political and financial threats, global oil supply is forecast to grow faster than demand

Colin Hay

IEA report tips global oil supply to outstrip demand in 2024

The IEA's January Oil Market Report said that higher-than-expected non-OPEC+ production increases are set to outpace oil demand growth by a healthy margin. The 2024 global oil supply is forecast to...

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