The International Energy Agency (IEA) has said that oil supply is expected to rebound by 6.6 million barrels a day (mb/d) to reach an average of 108.1 mb/d in 2027. The Agency also forecasts global oil demand to fall by 2.7 mb/d in 2026, to 102.3 mb/d, before rebounding by 2 mb/d in 2027. The […]
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