Tag: barrel

IEA warns of 8M barrel per day oil surplus by 2030

The International Energy Agency (IEA) has raised concerns about a potential oversupply in the global oil market, warning that a surge in US-led production could outstrip demand by a staggering 8 million barrels per day by the year 2030. Yahoo Finance’s Ines Ferré breaks down the projection, shedding light on the factors contributing to this […]