The US government, in its first forecast for next year's oil market, stated that as OPEC resumes production and the output from the US, Canada, and Guyana continues to grow, the Global oil market will face a more severe supply surplus by 2026. The US Energy Information Administration (EIA) indicated on Tuesday that it expects an average surplus of 0.8 million barrels per day in the world oil market in 2026, more than double the 0.3 million barrel per day surplus projected for this year. In last month's report, the EIA predicted a slight supply shortage for this year. The EIA expects that both OPEC member countries and non-OPEC oil-producing countries will see an increase in oil production over the next two years, while oil consumption in OECD countries will decline slightly by 2026.
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美国能源信息管理局:2026年石油市场供应过剩将更加严重
US Energy Information Administration: The oil market surplus will be even more severe in 2026.
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