The International Energy Agency says that in 2025, the world will produce more oil than it needs, even as the Israel-Iran conflict raises the risk of supply disruptions. It forecasts a 1.8 million ...

The Paris-based agency expects oil supply to grow by 2.1 million barrels a day this year and 1.3 million the next, above earlier estimates of 1.8 million and 1.1 million barrels a day, respectively.

PAPER BARRELS Saudi oil output is set to rise to above 9.5 million bpd in July, leaving the kingdom with the ability to raise output by another 2.5 million bpd if it decides to.

While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — have rattled investors, sending oil futures soaring by around 10% ...

Oil futures trimmed gains on Monday morning as investor concerns over the threat of supply disruptions stemming from US strikes against Iran's nuclear facilities faded. Brent crude (BZ=F), the ...

The probability of a major oil supply disruption such as closure of the Strait of Hormuz estimated from options has fallen to just 4% following the Israel-Iran ceasefire, Goldman Sachs said.

Oil prices have fluctuated due to concerns about potential supply disruptions in the Middle East following recent Israeli strikes on Iran, but no actual supply cuts have occurred. The Strait of ...

In the absence of major supply disruptions, the latest medium-term forecast sees a comfortably supplied oil market through 2030 – though significant uncertainties remain, especially given rising ...

June 13 (Reuters) - Israel's attack on Iran is unlikely to cause a major disruption to oil supply, analysts at two major banks said, but a worst-case scenario involving blockades in the Strait of ...

Oil faces reckoning as OPEC+ supply hike remains a threat With demand already in question, output boost could see prices tumble. JUN 10, 2025 By Bloomberg ...

Since U.S. oil producers haven’t moved to raise production, and Saudi Arabia is already accelerating the return of barrels, unlocking Iranian oil can be effective in increasing supply, “but ...

While supply chain disruptions have not materialized as some analysts had feared earlier in the war, a spike in oil prices would carry significant implications for the U.S. economy, they said.