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BusinessBy Reuters (CNN) — World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply from outside the group grows, the International Energy Agency said Wednesday. Supply will rise by 2.5 million barrels per day in 2025, up from 2.1 million bpd previously forecast, said the IEA, which advises industrialized countries, in a monthly report, and by a further 1.9 million bpd next year. OPEC+ …See the Story
Global Oil Market Looks ‘Bloated’ Amid Lackluster Demand From Major Economies
67% Center coverage: 12 sources
Germany · GermanyI had an extremely interesting discussion with Previse Systems’ Marc Zumstein recently. Previse Systems is a relatively new entrant into the power & gas E/CTRM marketplace that innovated a novel approach to how it went to market and has probably outperformed expectations. Previse does very well in Europe generally and has several announcements in the works, he said. In recent years, it has also emerged strongly in our vendor perception studies a…Read Article
