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flag IEA forecasts a significant oil surplus in 2025 due to increased OPEC+ production, aiming to stabilize prices.

flag The International Energy Agency (IEA) has raised its forecast for oil supply in 2025, following OPEC+ countries' decision to increase production. flag This move aims to stabilize oil prices and meet rising global demand. flag The IEA now expects oil supply to grow faster than demand, predicting a significant surplus in the market. flag This could help ease the current energy crisis and high prices. flag However, the agency also warns of a potential record supply glut in 2026.

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