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Global Oil Market Faces a Million-Barrel Glut Next Year, the IEA Says
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, cushioning prices against turmoil in the Middle East and beyond, the International Energy Agency said.
IEA sees 2025 oil market in supply surplus
The world's demand for oil will fall short of supply by more than 1 million barrels per day (bpd) in 2025 even if OPEC+ cuts remain in place, the International Energy Agency (IEA) said in its monthly oil market report on Thursday.
World faces oil surplus in 2025 on weak demand, IEA says
The prospect of a more than one million barrels per day excess supply is a headwind for OPEC+ in its plan to start raising output
12h
The ‘Trump Trade’ Is Still Moving Markets but How Long Can It Last?
Republican Donald Trump’s election win quickly pushed up US stocks, the dollar and Bitcoin — reshaping the outlook for ...
13h
El Salvador Taps Bond Market as IMF Said to Visit Next Month
Officials from the International Monetary Fund plan to visit El Salvador early next month as the two sides inch closer to ...
Kyiv Independent on MSN
12h
Chinese oil refinery buys West African crude instead of Russian, Iranian, Bloomberg reports
Private Chinese oil refinery Landbridge Petrochemical Co. has made a rare purchase of a shipment of West African oil instead ...
1d
Amazon makes it difficult for disabled workers to work from home, Bloomberg says
Amazon recently told staff with disabilities that it was adding a more rigorous vetting process to approve working from home, both for new ...
13h
on MSN
Bitcoin’s Speculative Frenzy Begins to Show Signs of Cooling in Futures Market
The record-breaking rally in Bitcoin since Donald Trump’s US presidential election victory is beginning to show signs of ...
19h
on MSN
Medicare to adjust disputed Star Ratings measure: Bloomberg News
The Biden administration is planning to adjust the Medicare Star Ratings System to lower the impact of call center scores, ...
Bloomberg L.P.
2d
November Global Regulatory Brief: Trading and markets
Regulatory authorities continue to advance initiatives to improve the efficiency and sophistication of global
markets
. From ...
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