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World oil market is returning to surplus as Gulf exports recover, IEA says

Global demand forecast to fall by 2.7 million bpd this year before rebounding by 2 million bpd in 2027

First reported by Business Recorder Latest report 2 sources
Image: Business Recorder
Image: Business Recorder
Read at The Globe and Mail(opens in a new tab)

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  1. Business Recorder

    World oil market is returning to surplus as Gulf exports recover, IEA says (opens Business Recorder in a new tab)

    LONDON: The world oil market will return to a surplus in the fourth quarter of this year, the International Energy Agency said on Friday, as Middle East exports recover faster than global oil demand despite continued attacks on shipping. The agency also gave…

  2. The Globe and Mail

    Global oil market headed for surplus as Gulf exports recover, IEA says (opens The Globe and Mail in a new tab)

    Global demand forecast to fall by 2.7 million bpd this year before rebounding by 2 million bpd in 2027

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