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Natural gas and oil prices hold steady as traders weigh IEA's surplus outlook against ongoing geopolitical risks and seasonal demand shifts.
Crude is caught between clashing 2025 outlooks—IEA sees 680 kb/d demand growth, the EIA 980 kb/d and OPEC 1.3 mb/d—with the EIA projecting Brent easing into early 2026 as supply outpaces consumption. OPEC's faster-than-expected unwind, including a 500 kb/d September boost, tilts the near term bearish, but persistent backwardation and
The International Energy Agency on Wednesday raised its forecast for oil supply growth this year following OPEC+'s decision to hike production and lowered its demand forecast due to lacklustre demand across the major economies.
Oil steadies as IEA warns of surplus, but Saudi exports and summer demand fuel bullish sentiment amid rising geopolitical risks.
Oil demand forecasts diverge as OPEC boosts supply, IEA turns bearish, and EIA warns of surpluses. Explore the full crude oil market outlook.
The IEA cut its global oil demand forecast, projecting the lowest pace of growth since the pandemic - at odds with OPEC's expectations. The IEA's Head of Oil Markets Division Toril Bosoni joins "Squawk Box Europe" to discuss.
The Chinese construction industry is projected to grow by 3.2% in real terms in 2025, driven by investments in infrastructure and energy. Despite challenges like sluggish residential demand and trade tensions with the US, growth is expected to average 4.2% annually from 2026-2029. Key projects include transport, industrial developments, and initiatives supporting China's goal for net-zero emissions by 2060. The "Construction in China - Key Trends and Opportunities to 2029 (Q2 2025)" report offers comprehensive insights on market prospects, industry trends, and major projects, aiding stakeholders in strategizing and navigating risks. The Chinese construction industry is projected to grow by 3.2% in real terms in 2025, driven by investments in infrastructure and energy. Despite challenges like sluggish residential demand and trade tensions with the US, growth is expected to average 4.2% annually from 2026-2029. Key projects include transport, industrial developments, and initiatives supp
The International Energy Agency said China's oil demand will stop growing earlier than expected. The IEA predicts the nation's demand will top out in 2027, and worldwide oil use two years after that.
Global demand for oil from combustible fossil fuels could peak as early as 2027, according to the International Energy Agency.
The West's energy watchdog said on Friday it was ready to release oil stocks should the market experience shortages following Israel's attack on Iran, drawing criticism from rival OPEC which said the statement would only create fear in the market.