The International Energy Agency (IEA) has raised its forecast for the growth rate of daily global oil supply for this year, APA-Economics reports, citing the International Energy Agency’s monthly report.
According to the forecast, daily global oil supply will make up 104.9 million barrels increasing by 1.8 million barrels this year (previous forecast – 1.61 million barrels).
The report notes that in 2026, the growth rate of daily global oil supply is expected to be 1.1 million barrels.
