PARIS –
The global oil market could face a major supply surplus in 2027 if the United States and Iran maintain an agreement aimed at ending hostilities, the International Energy Agency said in its monthly report released on June 17.
The IEA said supply is expected to rise to 110.3 million barrels a day as Middle Eastern countries resume production and exports. Demand, however, is projected to remain at 105.3 million barrels a day as an economic slowdown weighs on consumption.
Source: テレ東BIZ
Disclaimer : This story is auto aggregated by a computer programme and has not been created or edited by DOWNTHENEWS. Publisher: newsonjapan.com
