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IEA is warning the oil market could swing from crisis to massive surplus by 2027

Supply is set to surge by 8 million barrels per day next year as Middle East output rebounds, swamping a modest demand recovery

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IEA is warning the oil market could swing from crisis to massive surplus by 2027

IEA is warning the oil market could swing from crisis to massive surplus by 2027

Published June 18, 2026 · Category: Markets

Overview

Supply is set to surge by 8 million barrels per day next year as Middle East output rebounds, swamping a modest demand recovery

Source

Originally published at qz.com.

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