-
Better Opec+ compliance narrowing supply surplus: IEA
The IEA said today that the Opec+ alliance's improving compliance with agreed crude production targets is "slowly chipping away" at its projected supply surplus this year. In its latest Oil Market Report (OMR), the Paris-based agency again lowered its forecasted surplus for this year, this time by 270,000 b/d to 450,000 b/d. This is the agency's third consecutive downgrade since November, when it saw 2025 supply outstripping demand by 1.15mn b/d. These forecasts are subject to change. With data now "largely complete" for 2024, the agency's balances show supply matching and demand exactly at 102.9mn b/d. This is ... (full story)
- Comments
- Subscribe
-
- Older Stories
From bnnbloomberg.ca|Feb 13, 2025The latest US sanctions on Russia’s oil trade have brought a swath of tankers that deliver Moscow’s crude to a halt — reinforcing the significance of the measures in any ...
From cnbc.com|Feb 13, 2025A gauge of wholesale prices rose more than expected in January, though some details of the report indicated that pipeline inflation pressures are easing. The producer price index, ...
From brecorder.com|Feb 13, 2025China’s demand for road and air transport fuels may have passed its peak, the International Energy Agency (IEA) said on Thursday, citing data showing that the country’s ...
-
- Newer Stories
From @LiveSquawk|Feb 13, 2025|21 commentspost: Trump Imminently Signing Action On Reciprocal Tariffs post: TRUMP: I HAVE DECIDED TO CHARGE A RECIPROCAL TARIFF. post:
TRUMP: WHATEVER THEY CHARGE US, WE WILL CHARGE THEM. post: TRUMP: VAT TAX WILL BE VIEWED AS A TARIFF. post: 
?*TRUMP EXPECTS SOME COUNTRIES TO REDUCE, TERMINATE THEIR TARIFFS *TRUMP: NO TARIFFS IF MANUFACTURE OR BUILD PRODUCT IN THE US
From @FirstSquawk|Feb 13, 2025|10 commentspost: TRUMP: SAYS EU LOWERED TARIFF TO 2.5%, THAT’S A BIG WIN post: TRUMP: RECIPROCAL TARIFF SYSTEM WILL BRING FAIRNESS BACK || SAYS “WE WANT A LEVEL PLAYING FIELD” post: LUTNICK: WE ARE GOING TO ADDRESS EACH COUNTRY ONE BY ONE
From @financialjuice|Feb 13, 2025|3 commentspost:
TRUMP: STEEL AND ALUMINUM IS OVER AND ABOVE THIS. post: TRUMP: CAR TARIFFS WILL BE OVER AND ABOVE RECIPROCAL TARIFFS, AND COMING SHORTLY. post: TRUMP: CHIPS AND PHARMA WILL ALSO BE OVER AND ABOVE. post: TRUMP, ASKED IF CONSUMERS CAN EXPECT HIGHER PRICES: NOT NECESSARILY. post: TRUMP: EXPECT JOBS TO GO UP, PRICE COULD GO UP SOMEWHAT SHORT TERM
- Story Stats
- Posted: Feb 13, 2025 1:04pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 97
- Linked event:
