Oil Prices: Market Can't Absorb Increase in Supplies, IEA's Bosoni Says
September 11, 2025
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5:45Now PlayingOil Prices: Market Can't Absorb Increase in Supplies, IEA's Bosoni Says
YouTube Description
as posted by the channelToril Bosoni, head of oil markets at the International Energy Agency, discusses the outlook for oil supplies, prices and OPEC+ production. A record oil surplus projected for next year is looking even bigger as OPEC+ continues to revive production and the group’s rivals grow, the IEA said in a report, Thursday. World output will exceed consumption by an average of 3.33 million barrels per day in 2026, about 360,000 a day more than anticipated a month ago, according to the report.
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