IEA Warns Oil Glut Will Be Worse Than Expected
Affected assets and topics
Why it matters
The International Energy Agency (IEA) has revised its oil market forecast, indicating a larger-than-expected surplus in 2025 due to increased supply and modest demand growth.
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Expected market reaction
Market impact analysis based on bearish sentiment with 78% confidence.
Evidence trail
Evidence
AI provenance
Technical identifiers
- Provider tag
- groq-llama-3.1-8b-instant
- Analysis version
- groq-llama-3.1-8b-instant
- Article id
- 10250
Original source
The surplus on the oil market next year will be even higher than previously expected, the International Energy Agency (IEA) said on Thursday, as it raised both its demand and supply growth estimates. “Global oil market balances are looking increasingly lopsided, as world oil supply is forging ahead while oil demand growth remains modest by historical standards,” the IEA said today in its closely-watched monthly report on the oil market. The agency revised up slightly its 2025 demand growth estimate, to 790,000 barrels per…
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Original article published by OilPrice.com on November 13, 2025. Analysis and insights provided by AnalystMarkets AI.