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Russia Warns an Oil Shortage Is Looming Due to Underinvestment
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Why This Matters
Russia's Deputy Prime Minister warns of an impending oil shortage due to underinvestment, citing growing global demand and slow investment in new supply.
Market Impact
Market impact analysis based on bearish sentiment with 79% confidence.
Sentiment
Bearish
AI Confidence
79%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Crude oil demand is going to continue growing, but insufficient investment could tip fundamentals into imbalance, Russia’s Alexander Novak said today in Beijing. Global demand for oil is about to reach 104.6 million barrels daily this year, the Deputy Prime Minister said, as quoted by TASS. That is slightly lower than OPEC’s demand forecast of 105.14 million barrels daily. Investment in new supply, however, is slow, which has raised the risk of a shortage, according to the official, who is Russia’s top negotiator in OPEC+. Natural…
Original article published by
OilPrice.com
on November 25, 2025.
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Analysis and insights provided by AnalystMarkets AI.