The World Will Be Swimming In Excess Oil by End of Decade, IEA Says

Global oil markets are headed towards a major glut this decade, a global energy watchdog forecast, citing surging supplies and slowing demand growth for crude thanks to lower-emissions energy sources.

Global oil markets are headed towards a major glut this decade, a global energy watchdog forecast, citing surging supplies and slowing demand growth for crude thanks to lower-emissions energy sources.