Supply squeeze: US oil output growth set to falter in 2025; S&P...

Supply squeeze: US oil output growth set to falter in 2025; S&P warns of sharp 2026 decline amid global glut

Posted

The United States anticipates a significant slowdown in crude oil production growth by 2025. A sharper decline is expected in 2026. S&P Global Commodity Insights warns of a looming global oil surplus. Weak demand will impact the US disproportionately. OPEC+ members are fast-tracking the rollback of production cuts. This decision will add pressure on global supply balances.

Read Full Article

Please log in to like, share and comment!

National

All seven provinces presenting annual budgets today

KATHMANDU: All seven provincial governments are set to present their annual budgets for the...

Von 0 2

Business

Air India plane crash: Turkey denies Dreamliner maintenance link; issues clarification

Following the Air India plane crash, the Turkish government refuted claims that Turkish Technic...

Von 0 2

International

Israeli Prime Minister Benjamin Netanyahu thanks Donald Trump for support

Israeli Prime Minister Benjamin Netanyahu conveyed warm birthday greetings to US President Donald...

Von 0 8

International

'Our enemy is your enemy': Netanyahu praises Donald Trump on his birthday; posts a video message amid Israel-Iran conflict

Amidst escalating tensions and Israel's military offensive against Iran, Prime Minister Benjamin...

Von 0 8

Entertainment

Mumtaz reflects on her first and only film with Amitabh

Mumtaz, the veteran actress, recently shared her perspective on Amitabh Bachchan's early career,...

Von 0 15