Oil Supply To Rise In 2025 Despite OPEC Cuts

EIA: 90% of 2025 oil supply growth will come from non-OPEC+ countries
Global oil production is forecast to increase by 1.6 million b/d in 2025, and almost 90% of that growth will come from non-OPEC+ countries, the US EIA said in the December
Why OPEC's grip on oil markets will continue to weaken in 2025
The IEA forecasts a major oil supply glut in 2025, and even if OPEC+ continues to limit production, it won't be enough to address the overhang.
Oil Supply To Rise In 2025 Despite OPEC Cuts: IEA
Oil supply is set to outpace global demand next year even as OPEC+ members extended cuts in efforts to prop up prices, the International Energy Agency said Thursday.
IEA anticipates well-supplied oil market in 2025, despite an increase in demand
The International Energy Agency (IEA) forecasts a 950,000 barrel per day (bpd) supply surplus in 2025, even before OPEC+ starts reversing cuts.
OPEC's Oil Market Report: Insights and Projections for 2025
OPEC's latest oil market signals continued challenges for the global energy landscape. For the fifth consecutive month, the cartel has cut its global oil demand growth forecast for 2024, now expecting an increase of 1.
Oil markets to remain oversupplied in 2025 despite OPEC+ cuts, warns IEA
Oil markets are expected to remain oversupplied next year despite OPEC+ production cuts, the International Energy Agency (IEA) said on Thursday. “Persistent overproduction from some OPEC+ members, robust supply growth from non-OPEC+ countries and relatively modest global oil demand growth leaves the market looking comfortably supplied in 2025,
August Non-OPEC And World Oil Production Rose
The focus of this post is an overview of World oil production, along with a more detailed review of the top 11 Non-OPEC oil ...
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OPEC’s Oil Production Rose in November as Libyan Output Jumped
OPEC's crude oil production increased in November, primarily due to higher output from Libya and Iran, despite the OPEC+ ...
Key members of OPEC+ alliance are putting off production increases amid slack crude prices
Eight members of the OPEC+ alliance of oil exporting countries have decided to put off increasing oil production as they face ...
8 Most Profitable Oil Stocks To Invest In
One of the leading oil-producing regions, OPEC countries and its allies are expected to extend their latest round of oil ...
OPEC Plus Postpones Plan to Increase Oil Output for Three Months
The oil cartel had aimed to start opening the taps in January, but delayed in the face of weak demand and plans by other ...
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OPEC+ Delays Oil Output Hike Once Again
The Organization of the Petroleum Exporting Countries and its allies will further push back an oil production increase ...
The US and other crude producers will take more oil market share from OPEC in the coming years, Bank of America says
The US and other oil-producing nations will account for the bulk of crude supply growth in 2025, Bank of America said.
Argentina to Eclipse Colombia as Oil Production Growth Continues
While Argentina is leveraging government incentives to boost oil and gas output and exports, Colombia's restrictive policies, including a fracking ban, threaten its energy security.
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NUPRC: Nigeria’s Crude Oil Production Reaches 1.485 Million BPD in November, Close to OPEC Target
Nigeria’s crude oil production in November has reached 1.485 million bpd, nearly meeting OPEC’s target of 1.5 million bpd.
Why is Malaysian palm oil production declining?
Palm oil production is set to decline for the fourth consecutive month in December as heavy rain affected harvesting in ...