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Global Oil Market Looks ‘Bloated’ Amid Lackluster Demand From Major Economies

Global Oil Market Looks ‘Bloated’ Amid Lackluster Demand From Major Economies

69% Center coverage: 13 sources

By Reuters (CNN) — World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply from outside the group grows, the International Energy Agency said Wednesday. Supply will rise by 2.5 million barrels per day in 2025, up from 2.1 million bpd previously forecast, said the IEA, which advises industrialized countries, in a monthly report, and by a further 1.9 million bpd next year. OPEC+ …See the Story

Opec Expects Tighter Oil Market in 2026 Amid Increased Economic Momentum

Opec Expects Tighter Oil Market in 2026 Amid Increased Economic Momentum

57% Center coverage: 7 sources

Oil-producing group raised demand forecast for next year to 1.4 million bpd amid supply slowdown See the Story

Turkey Raises End-2025 Official Inflation Forecast Range to 25-29%

Central Bank · Turkey

Turkey Raises End-2025 Official Inflation Forecast Range to 25-29%

34% Center coverage: 3 sources

Turkey’s central bank on August 14 raised its end-2025 official inflation 'forecast' range to 25-29% in its latest quarterly ...See the Story

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