IEA trims forecast global oil market surplus for 2026

Investing.comThursday, December 11, 2025 at 10:15:29 AM
  • The International Energy Agency (IEA) has revised its forecast for the global oil market surplus for the year 2026, indicating a decrease in expected surplus levels. This adjustment reflects changing dynamics in oil supply and demand as the market continues to evolve.
  • This development is significant as it suggests a tightening of the oil market, which could impact pricing and investment strategies within the energy sector. A reduced surplus may lead to increased oil prices, influencing global economic conditions and energy policies.
— via World Pulse Now AI Editorial System

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Oil prices slip lower; U.S. seizure of Venezuelan tanker, IEA forecasts in focus
NeutralFinancial Markets
Oil prices have slipped lower amid heightened focus on the U.S. seizure of a Venezuelan tanker and the International Energy Agency's (IEA) revised forecasts. The seizure reflects escalating tensions between the U.S. and Venezuela, particularly as the U.S. military presence in the region continues to influence market dynamics.