January 16, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Global oil production is expected to outpace demand this year, with much of the support coming from North America, though wildcards exist in the form of conflict in the Middle East and Eastern Europe, reports indicate. It's a trifecta week for energy market reports, with the U.S. Energy Information Administration (EIA), the International Energy Agency (IEA) and the Organization of the Petroleum Exporting Countries (OPEC) all publishing their monthly reports for January.
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