Energy Agency expects a “record surplus” in the oil markets next year

She said The International Energy Agency (IEA) The global oil markets are on its way to record a record surplus next year with slowing growth and supply enlargement. Balance The Paris -based agency said: "The oil market scales appear somewhat in a some extent, as the supply is expected to exceed the demand at the end of the current and next year as well"Adding that "The market needs to respond in some way to achieve balance"." target ="_Blank"> Russia. It is the weakest since 2019, amid a disappointing request in China, India and Brazil, and by 700 thousand barrels per day in 2026.

OPEC+) in 2026 also by 100,000 barrels, to reach one million barrels per day, led by the United States, Genoa, Canada and Brazil.

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