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flag IEA forecasts stable oil markets with increased demand, driven by China, but warns of potential supply surpluses.

flag The International Energy Agency (IEA) projects stable global oil markets by 2025, with a revised demand growth of 1.1 million barrels per day, up from 990,000 barrels per day, largely due to China's economic stimulus. flag Despite this increase, the IEA expects growth to remain subdued compared to OPEC's higher forecasts. flag The agency also warns of potential oil supply surpluses, which could widen if OPEC cuts production further.

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