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IEA Trims Forecast of Record Oil Glut for First Time Since May
Market Intelligence Analysis
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Why This Matters
The International Energy Agency has revised its forecast, trimming the predicted oil supply surplus for this year and next due to strengthening demand and slower output growth.
Market Impact
Market impact analysis based on bullish sentiment with 79% confidence.
Sentiment
Bullish
AI Confidence
79%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
The International Energy Agency trimmed estimates for a global oil supply surplus this year and next for the first time in several months as demand strengthens and output growth slows.
Original article published by
Bloomberg
on December 11, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.