IEA
IEA Warns of Oil Glut — But Analysts Skeptical on Forecast
LONDON — August 13, 2025 — The International Energy Agency (IEA) has boosted its 2025 supply estimate to 2.5 million barrels per day (bpd)—up 400,000 bpd from just a month ago—thanks largely to OPEC+ revoking production cuts faster than anticipated. This expected supply is set to continue as
