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Thursday, December 26, 2024

World faces 'staggering' oil glut by end of decade, energy watchdog warns

BusinessWorld faces 'staggering' oil glut by end of decade, energy watchdog warns

A new report from the International Energy Agency (IEA) highlights a potential oversupply of oil by the decade’s end, driven by increased production and decreased demand as consumers and businesses turn to electric vehicles and renewable energy sources.

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𝗖𝗿𝗲𝗱𝗶𝘁𝘀, 𝗖𝗼𝗽𝘆𝗿𝗶𝗴𝗵𝘁 & 𝗖𝗼𝘂𝗿𝘁𝗲𝘀𝘆: www.washingtontimes.com
𝗙𝗼𝗿 𝗮𝗻𝘆 𝗰𝗼𝗺𝗽𝗹𝗮𝗶𝗻𝘁𝘀 𝗿𝗲𝗴𝗮𝗿𝗱𝗶𝗻𝗴 𝗗𝗠𝗖𝗔,
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