In the news:
Trump tariffs will mean world uses less oil this year, IEA says / IEA downgrades outlook on growth of global oil demand for 2025 by 300,000 bpd / New US sanctions against Russian oil not yet affected supplies -- IEA / IEA sees India's LNG imports doubling by 2030 on demand surge / IEA does not expect resumption of Russian gas transit to Europe via Ukraine in 2025 / IEA Expects Oil Demand Growth to Accelerate But Still Projects Surplus / IEA cuts 2025 global oil supply growth forecast by 0.1 mln bpd to 1.8 mln bpd / Global oil supply on the rise in October -- IEA report / Russia boosts oil exports in October -- IEA report / Global Oil Market Faces a Million-Barrel Glut Next Year, the IEA Says