LONDON, March 13 (Reuters) - Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said on Thursday, due to growth led by the United ...

The IEA’s February oil market report had suggested a slightly narrower surplus of around 500,000 bpd, Reuters calculations based on IEA data show. The IEA revised down its 2025 oil demand growth ...

But Chinese consumption of petroleum transportation fuels — gasoline, diesel and jet fuel — declined slightly last year, the IEA said. “A plateau in China’s demand for fuels is significant ...