IEA Monthly Report: November supply and demand balance data indicate that the global oil market will return to a supply surplus in the fourth quarter of 2026, followed by a larger inventory accumulation in 2027. The oil market is projected to have a

2026-11-13

IEA Monthly Report: November supply and demand balance data indicate that the global oil market will return to a supply surplus in the fourth quarter of 2026, followed by a larger inventory accumulation in 2027. The oil market is projected to have a supply surplus of 1.7 million barrels per day in the fourth quarter of 2026 (previously predicted as a supply shortage in the fourth quarter).

Other News
2026-11-13

U.S. Treasury Secretary Bessent said the Federal Reserve should not pivot its policy in response to an energy-supply shock.

2026-11-13

International 1. UBS says Nvidia's leadership change may slow AI ecosystem financing, and new deals face a transition period. 2. Bank of America: Hedge funds are increasing their short bets on interest rate-sensitive stocks again. 3. Commerzbank: