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OPEC chief dismisses IEA supply glut forecast as 'critical' Strait of Hormuz reopens
The IEA said on Wednesday that a lasting resolution to the conflict could drive a surge in supply volumes and trigger a major oil overhang next year.
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cnbc.com
From supply shock to oil glut: IEA flags scale of demand destruction caused by Iran war
The energy supply shock triggered by the Iran War has prompted the IEA to slash its global oil demand forecast.
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cryptobriefing.com
IEA reports oil glut as Iran war slashes demand, supply surplus projected for 2026
IEA reports an oil glut due to decreased demand from the Iran war, with crude oil reaching a new all-time high by September at just 7% YES.
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dailysabah.com
Major oil surplus looms for 2027 with Hormuz recovery: IEA
The oil market is expected to enter a substantial supply surplus in 2027 after rebounding from the closure of the Strait of Hormuz, the International...
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International Energy Agency warns of major oil overhang next year as Iran conflict winds down
The IEA projects global oil supply could surge 8 mb/d to 110 mb/d in 2027 as the Iran conflict resolves, creating a massive surplus over tepid demand
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benzinga.com
IEA Sounds The Alarm: Oil Market Headed For Massive Glut By 2027 As Gulf Supply Returns After US-Iran Dea
IEA forecasts 2027 oil surplus as supply rebound outpaces demand growth after Middle East peace deal.
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arabnews.com
IEA sees 2027 oil glut after Hormuz recovery
LONDON: The oil market will move into a significant supply surplus in 2027 after recovering from the closure of the Strait of Hormuz, the International Energy Agency said in its…
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OPEC chief dismisses IEA supply glut forecast as 'critical' Strait of Hormuz reopens
The IEA said on Wednesday that a lasting resolution to the conflict could drive a surge in supply volumes and trigger a major oil overhang next year.