search icon
search icon
Flag Arrow Down
Română
Română
Magyar
Magyar
English
English
Français
Français
Deutsch
Deutsch
Italiano
Italiano
Español
Español
Русский
Русский
日本語
日本語
中国人
中国人

Change Language

arrow down
  • Română
    Română
  • Magyar
    Magyar
  • English
    English
  • Français
    Français
  • Deutsch
    Deutsch
  • Italiano
    Italiano
  • Español
    Español
  • Русский
    Русский
  • 日本語
    日本語
  • 中国人
    中国人
Sections
  • News
  • Exclusive
  • INSCOP Surveys
  • Podcast
  • EU
  • Diaspora
  • Republic of Moldova
  • Politics
  • Economy
  • Current Affairs
  • International
  • Sport
  • Health
  • Education
  • IT&C knowledge
  • Arts & Lifestyle
  • Opinions
  • Elections 2025
  • Environment
About Us
Contact
Privacy policy
Terms and conditions
Quickly scroll through news digests and see how they are covered in different publications!
  • News
  • Exclusive
    • INSCOP Surveys
    • Podcast
    • EU
    • Diaspora
    • Republic of Moldova
    • Politics
    • Economy
    • Current Affairs
    • International
    • Sport
    • Health
    • Education
    • IT&C knowledge
    • Arts & Lifestyle
    • Opinions
    • Elections 2025
    • Environment
138 new news items in the last 24 hours
  1. Home
  2. Internazionale

IEA forecasts a global oil surplus of 4 million bpd in 2024, due to increased OPEC+ production and reduced demand

Lara Maior
whatsapp
facebook
linkedin
x
copy-link copy-link
15 October 2025, 05:05
main event image
Economy
Malcolm Fife / ImageSource / Profimedia
google-preference

Always see our news on Google

According to a report published by the International Energy Agency (IEA), the global oil market will face a surplus of four million barrels per day (bpd) in 2024, driven by increased production from OPEC+ and low demand. This estimate exceeds previous forecasts, which indicated a surplus of 3.3 million bpd in 2026. The IEA has adjusted its estimates, forecasting an increase in supply of three million bpd this year, followed by an additional increase of 2.4 million bpd in 2024. In contrast, global demand has been revised to an increase of only 710,000 bpd for this year, due to economic difficulties. OPEC, on the other hand, maintains its demand growth estimates at 1.3 million bpd, suggesting an optimistic view of the global economy. The IEA, established following the oil crisis of 1973-1974, serves as the main advisory body on energy issues for the 29 most developed countries.

Sources

sursa imagine
Financial Intelligence
IEA se aşteaptă la un surplus ridicat de petrol anul viitor
sursa imagine
Economica
IEA estimează că supraproducția de petrol de anul viitor va ajunge la 4 milioane de barili pe zi

Latest News

13:37

Romeo Lungu, following the decision of Mayor Constantin Toma to run as an independent: "2028 will be the moment when this election will be tested by vote"

13:24

Marian Godină announces that he has resigned from the Romanian Police

13:13

Daniel Buda, PNL leader, categorically excludes collaboration with PSD: "We will not support a government controlled by PSD"

13:07

A naval drone, destroyed in the Neptun Deep area by a Romanian F-16

13:04

European Parliament member PNL Siegfried Mureșan: "Everything that has happened in the last few weeks confirms one thing: PSD must not return to power."

See more news

NEWS ON THE SAME TOPICS

event image
Economy
OPEC expects a smaller impact on oil consumption and forecasts a recovery in demand by the end of the year
event image
Economy
The prices of oil have dropped on Monday, after OPEC+ decided to increase production by 188,000 bpd starting in August. Exports from the Gulf are recovering.
event image
Economy
OPEC rejects the IEA forecast regarding the oil surplus in 2027
event image
Economy
The CEO of Eni sees a possible increase in oil prices above current levels until the beginning of 2027
event image
Economy
OMV reports a decrease in hydrocarbon production, but an increase in profit.
event image
Opinions
The end of crisis measures and the truth behind the pump prices
app preview
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
app preview app preview
petrol Global economy supply and demand oil production

Editor’s Recommendations

main event image
Current Affairs
44 minutes ago
Breaking News

A naval drone, destroyed in the Neptun Deep area by a Romanian F-16

Sources
imagine sursa
imagine sursa
imagine sursa
imagine sursa
imagine sursa
+1
main event image
Current Affairs
2 hours ago

Turceni power plant, shut down due to a technical malfunction

Sources
imagine sursa
imagine sursa
imagine sursa
imagine sursa
imagine sursa
+6
main event image
Exclusive
3 hours ago
Original Content

August 20, 2026. TV: What was discussed last night on the news channels

main event image
Politics
6 hours ago

President Nicușor Dan has convened the leaders of PSD, PNL, USR, and UDMR for negotiations on the Salary Law. The meeting takes place today at 14:00.

Sources
imagine sursa
imagine sursa
imagine sursa
imagine sursa
imagine sursa
main event image
Current Affairs
3 hours ago

The ANM announces a heat wave in Romania between August 20 and 24, with maximum temperatures of 33-40 degrees. An orange code is issued for several regions.

Sources
imagine sursa
imagine sursa
main event image
Opinions
3 hours ago

Andrei Pleșu: About public speaking

app preview
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
app preview
app store badge google play badge
  • News
  • Exclusive
  • INSCOP Surveys
  • Podcast
  • EU
  • Diaspora
  • Republic of Moldova
  • Politics
  • Economy
  • Current Affairs
  • International
  • Sport
  • Health
  • Education
  • IT&C knowledge
  • Arts & Lifestyle
  • Opinions
  • Elections 2025
  • Environment
  • About Us
  • Contact
Privacy policy
Cookies Policy
Terms and conditions
Open source licenses
All rights reserved Strategic Media Team SRL

Technology in partnership with

anpc-sal anpc-sol