The International Energy Agency warned on September 11, 2025, that oil supply is set to outpace demand, raising risks of a surplus following OPEC+'s production hike. This assessment could impact global oil prices and energy markets.
Warning Details
- Cause: OPEC+ output increase.
- Risks: Potential market imbalance in coming months.
Global Context
The warning comes amid fluctuating demand forecasts and geopolitical tensions affecting energy supplies.