Oil Supply to Exceed Demand in 2025

Oil settles down more than 1% on tariff worry, supply-demand expectations
Oil prices slipped on Thursday after surging in the previous session on a larger-than-expected draw in U.S. gasoline stocks, as markets weighed macroeconomic concerns and demand versus supply expectations.
Global oil supply expected to exceed demand by 1 million b/d in 2025: IEA
IEA projects global oil supply to exceed demand by 1 million b/d in 2025 due to trade tensions and OPEC+ cuts.
Oil News: Prices Steady as Traders Weigh Demand Strength Against Supply Risks
Oil prices hold steady as traders assess strong demand against rising U.S. production and OPEC+ supply risks. Will the market break higher? Key insights inside.
Oil prices settle lower as IEA warns that trade tensions will undercut demand
Oil futures settled lower on Thursday after the International Energy Agency’s monthly report underscored worries that rising global trade tensions could undercut energy demand.
Trade War Erodes Oil Demand as OPEC+ Boosts Supply, IEA Says
Global oil demand is under pressure from the escalating trade war at the same time that OPEC+ is reviving output, threatening to deepen a supply surplus, the International Energy Agency said.
IEA Says Trade Tensions Weigh on Oil Demand, Warns of Larger Supply Surplus
The International Energy Agency said the macroeconomic conditions underpinning its oil-demand projections have worsened over the past month due to global trade tensions, and that it sees a bigger-than-anticipated supply surplus if OPEC+ raises output beyond April.
Oil Supply to Exceed Demand in 2025 as Trade Tensions Cloud Outlook, IEA Says
Global oil supply is expected to exceed demand this year, while trade tensions are clouding the outlook, the International Energy Agency said on Thursday. The agency's projections suggest supply may exceed oil consumption by around 600,
Oil Demand Threatened by Trade War, Tariffs: IEA
The escalating trade war is putting pressure on global oil demand at the same that OPEC+ is reviving output, threatening to deepen a supply surplus, the International Energy Agency said. Toril Bosoni,
Oil dips, pressured by tariff worry, supply-demand expectations
Oil prices slipped on Thursday as markets weighed macroeconomic concerns, including the risk that tariff wars between the U.S ...
Oil News: Crude Prices Stagnate as Economic Fears Counter Supply Tightness
Crude oil prices hold steady as supply tightness supports the market, but economic fears and trade risks keep upside momentum ...
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Oil Prices Rebound on Resilient Demand Signals
Crude oil prices rebounded following sharp losses, driven by a revised EIA outlook, a shift in IEA rhetoric, and reports of rebounding Asian imports, despite an estimated US crude oil inventory build.
Saudi crude oil supply to China to slump in April, sources say
Saudi Arabia's crude oil shipments to its biggest customer, China, are expected to drop to their lowest level in more than a ...
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Crude Oil Prices Fall Sharply on Energy Demand Concerns and Over-Supply Fears
Crude oil prices are under pressure as US tariff uncertainty weighs on the outlook for energy demand. Also, OPEC+ said on Monday that it plans to restart some halted crude production in April.
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Ex-Pioneer CEO: Shale Can’t Thrive at $50 Oil
The founder of Pioneer Natural Resources has a warning for the U.S. oil producers—the next two years will not be easy, and ...
What Will Geopolitical Uncertainties Do To Crude Oil Prices?
The price of nearby WTI crude oil futures has not been materially under $65 per barrel in almost four years, but that level ...
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Crude Prices Plunge on Energy Demand Concerns and Over-Supply Fears
Crude oil demand in China has weakened and is a bearish factor for oil prices. According to Chinese customs data, China's 2024 crude imports fell -1.9% y/y to 553 MMT. China is the world's ...
Oil up 2% on tighter US supplies but tariff concerns loom
Oil prices rose 2% on Wednesday, as U.S. government data showed tighter-than-expected oil and fuel inventories, though ...