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Update: WTI Oil Edges Down as the IEA Sees the Market Over Supplied in 2025
Crude Oil Jumps Back Above $70 as US Inventories Fall to Lowest Level
IEA Monthly Report: Even if OPEC+ delays production increases, there will still be an oversupply of oil next year!
The IEA stated that if OPEC+ implements the production recovery plan starting in April, the Global market will face a surplus of 1.4 million barrels per day. The IEA has raised the forecast for global oil demand growth in 2025 by 90,000 barrels to 1.1 million barrels, mainly due to the economic stimulus measures recently announced by China.
WTI Edges Higher to Near $70.00 on China Stimulus, New EU Sanctions Against Russia
Oil Settles Up US$1 As EU Agrees Further Sanctions
Crude Oil Rises on Wednesday, WTI Taps $70 per Barrel
Taurus27 : Thank you for taking the efforts to share with us your thoughts. Do rest well .
101633546 : thanks for the UEC update!
TinkerB3ll : Rest well and enjoy the rest of the Sunday evening.
SL99 : I've learned a lot. Although I still don't know much about pictures, I will try to slowly learn to understand them. Thank you so much for sharing and spending time
tpearly : Much love kind sir! Thank you for your thorough insights, poetry, images, and chart patients. I took a lot of screenshots to study on the desktop as I'm reading this on mobile. Like many others, we look forward to your insights. Christ bless you.
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