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Oil supply



IEA predicts oil supply surplus amid weak China demand in 2025

  • Global oil prices are currently around $70 per barrel, having dropped over 7 percent last week, even amid rising geopolitical tensions in the Middle East
By Arab News ·

Russia’s Lukoil set to resume supplies via southern Druzhba in October, sources say

By Reuters ·

Latest updates

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India’s former Prime Minister Manmohan Singh attends a Congress Working Committee (CWC) meeting in New Delhi. (File/Reuters)

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