IEA Sees Surplus Oil Supply in 2024 even if OPEC+ Extends Current Cuts

(Reuters) – The global oil market will see a slight surplus of supply in 2024 even if the OPEC+ nations extend their cuts into next year, the head of the International Energy Agency’s (IEA) oil markets and industry division told Reuters on Tuesday. At the moment, however, the oil market is in a deficit and … Read more

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