15:32 - 17.06.2025

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June 17, Fineko/abc.az. The IEA predicts a serious increase in the surplus of oil production capacity in the world by 2030.

ABC.AZ informs that according to his estimates, global production capacity will grow by 5.1 million b/d and reach 114.7 million b/d by the end of the decade. And the actual production will amount to 107.2 million tons b/d.

At the same time, oil consumption will add only 2.5 million b/d and will reach approx.105.5 million, the agency expects.