IEA Slightly Lifts Oil Demand Outlook

IEA Slightly Lifts Oil Demand Outlook, Says Supply Surplus Narrowing
The International Energy Agency modestly raised its forecast for global oil-demand growth and said improved compliance with output quotas among members of the OPEC+ alliance is reducing a projected supply surplus in the market.
IEA revises global oil supply forecast, cuts surplus by 50% amid sanctions, demand shifts
Concerns over supply constraints have supported oil prices, with Brent crude exceeding $80 per barrel in January before retreating below $75 following Trump's latest trade tariffs.
Russia may develop oil sanctions workarounds as global supply rises, IEA says
Russia's oil exports could be sustained if it finds workarounds to the latest U.S. sanctions package, the International Energy Agency (IEA) said on Thursday, as it forecast that growth in global oil supply would outpace demand this year.
Oil Surplus Shrinks Again on Sanctions and Demand, IEA Says
The International Energy Agency once again slashed expectations for a global oil surplus this year amid stronger demand growth in Asia and sanctions on OPEC+ nations.
US sanctions on Russian oil exports have yet to affect supply, says IEA
Fresh US sanctions on Russia’s oil exports have yet to impact supply, the International Energy Agency said on Thursday. “Fresh US sanctions on Russia and Iran roiled markets at the start of the year but they have yet to materially impact global oil supply,
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IEA Sees Rising Supply as Russia Dodges Sanctions Once Again
Russia has increased oil production despite facing Western sanctions, highlighting the effectiveness of its workarounds to ...
IEA says Russian oil output so far unaffected by latest US sanctions
Russian oil exports could be sustained if workarounds to the latest U.S. sanctions package are found, after Russian crude ...
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