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

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Global 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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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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