EnergyMediumScore 7.0
Global oil market to stay undersupplied until 4Q26 — IEA warns of prolonged tight balances despite surplus cushioning disruption impacts
The International Energy Agency says the global oil market will remain severely undersupplied until the fourth quarter of 2026, even with pre-crisis surplus softening the impact of disruptions, and rebuilding depleted stocks may keep balances tight beyond 2026.
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