The International Energy Agency (IEA) has lowered its forecast for the growth rate of daily global oil supply for this year, APA-Economics reports citing the monthly report of the International Energy Agency.
According to the forecast, this year the daily global oil supply will increase by 1.3 million barrels (0.2 million barrels less than the previous forecast) to reach 104.3 million barrels.
The report notes that in 2026, the growth rate of daily global oil demand is expected to be 0.95 million barrels.