Oil supply is expected to rebound by 8 million barrels a day in 2027, the International Energy Agency said. "Oil Supply to Rebound Strongly After Gulf Shock But Flows Recovery Will Take Months, IEA Says," at 0800 GMT, and an update at 0808 GMT incorrectly said supply is expected to rebound to 8 million barrels a day.

The IEA noted that, as inventories are replenished and the situation in the Middle East normalizes, global oil supply is projected to increase by nearly 8 mln bpd in 2027,…

Oil supply is expected to rebound by 8 million barrels a day in 2027, the International Energy Agency said. "Oil Supply to Rebound Strongly After Gulf Shock But Flows Recovery…