Major oil surplus seen this decade as demand peaks, IEA says

Major oil surplus seen this decade as demand peaks, IEA saysPakistan Likely to Hike Taxes in Budget Before Crucial IMF LoanUS to Widen Sanctions to Curb Chip Sales to Russia’s War MachineGhana’s Monthly Inflation Hits 10-Month High on Cedi SlumpSuzano Open to More M&A Deals Even After Foray Into TextilesMatador to Buy Permian Oil Assets From EnCap for $1.

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Major Oil Surplus Seen This Decade as Demand Hits Peak, IEA SaysGlobal oil markets face a “major” surplus this decade as the shift away from fossil fuels causes demand to hit a plateau amid plentiful supply growth, the International Energy Agency said.
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Premarket: Global shares see thin trading with major markets closed for holidayInvestors take a cautious stance ahead of key inflation data from the United States and Europe later this week
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