OIES – Oil Markets in 2025: Divergence in narrative, Feb 2025

Summary

The document analyzes various forecasts for the oil market in 2025, noting significant divergence in assessments. While some organizations, such as IEA and Morgan Stanley, predict an oil surplus, OIES and Standard Chartered Research forecast a deficit. Key factors influencing these forecasts include changes in voluntary production cuts by OPEC+ countries and differences in demand and supply estimates.

Region: Global

Published: February 2025

Author(s): OIES

Language: English

Geopolitical drivers: Economic conditions International relations and treaties Political instability and conflicts Regulatory changes Supply chains disruption

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