The Commodities Feed: IEA Expects Record Oil Glut Next Year
Source: SeekingAlpha
2025-09-12 06:10:00 ET
By Ewa Manthey & Warren Patterson
Energy – IEA boosts its oil supply estimates
Oil prices extended declines, with ICE Brent trading just below $66/bbl this morning, amid softening demand and persistent concerns over a looming global supply surplus. However, escalating geopolitical tensions, following Israel's attack on Hamas's leadership in Qatar and prospects of tighter Western sanctions on Russian energy exports, might help put a floor under oil prices....
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The Commodities Feed: IEA Expects Record Oil Glut Next Year
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