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.

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…

IEA forecasts 2027 oil surplus as supply rebound outpaces demand growth after Middle East peace deal.