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IEA Cuts 2025 Oil Demand Forecast, Lifts Supply View

Monday, December 8th, 2025

 The International Energy Agency trimmed its forecast for oil-demand growth next year and raised supply estimates, a scenario that would likely leave the market in surplus, reinforcing its expectations of a major glut this decade. The International Energy Agency trimmed its forecast for oil-demand growth next year and raised supply estimates, a scenario that would likely leave the market in surplus, reinforcing its expectations of a major glut this decade.

​WSJ.com: Markets

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