Energy agency predicts a reasonably well-supplied oil market in 2024

The IEA expects oil demand growth to fall sharply in 2024, which could lead to overproduction of oil from the second quarter and throughout the year.
Photo: Angus Mordant
Photo: Angus Mordant
AF MARKETWIRE

Global oil markets are expected to remain ”reasonably well supplied” in 2024, as long as no new major disruptions occur.

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