Demand

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IEA Cuts 2026 Oil Surplus Forecast as OPEC Counters With Near-Balance View

Sanctions and unplanned outages have reduced supplies, prompting a smaller projected surplus.

OPEC+ Poised to Hold Output Steady in Early 2026, Set to Approve Capacity Audit

BP Delays Oil-Demand Peak to 2030 in 2025 Energy Outlook

IEA Forecasts Peak Oil Demand by 2029 as Capacity Growth Outpaces Consumption