Oil Glut Will ‘Moderate’ Prices After Recent Gains, Birol Says

BloombergMonday, October 27, 2025 at 5:45:18 AM
Oil Glut Will ‘Moderate’ Prices After Recent Gains, Birol Says
According to the International Energy Agency, oil prices are likely to stabilize after recent increases due to an oversupply in the market. This moderation in prices is significant as it reflects the balance between supply and demand, which can impact global economies and consumer costs. Understanding these trends helps stakeholders prepare for future market shifts.
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