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IEA Forecasts Global Oil Market Surplus Starting Late 2026, Expanding in 2027

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IEA Forecasts Global Oil Market Surplus Starting Late 2026, Expanding in 2027

Analysed 13 Nov 2026·3 sources analysed·New Delhi, India·Business
IEA Forecasts Global Oil Market Surplus Starting Late 2026, Expanding in 2027Next

The International Energy Agency (IEA) projects the global oil market will return to a surplus in the fourth quarter of 2026, with a larger surplus expected in 2027 as production recovers faster than demand. Oil demand is forecast to decline by 2.7 million barrels per day in 2026 before rebounding by 2 million barrels per day in 2027. Supply growth is supported by recovering Gulf exports, while demand growth is expected to resume around March 2027 as supply chains stabilize and export disruptions ease.

Sentiment
54%
TBN's observations

First-hand measurement across 3 sources

We measured how 3 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (54/100). Lens Score 40/100.

Outlets measured: timesnow, economictimes, thetribune. See how each one headlined and framed the same story in the source comparison below.

AI analysis of 3 sources · Published under editorial oversight by The Balanced News
Analysed 13 Nov 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Neutral (54/100)

Sentiment was consistent across outlets (52–55/100), indicating broadly factual reporting rather than editorialising.

Coverage timeline

thetribune broke this story on 13 Nov, 11:42 am. Other outlets followed.

13 Nov, 11:42 am3 sources · 32 min13 Nov, 12:14 pm
AI analysis by the TBN Bias Engine · beat methodology byMrunal Wange· Business & Economy Editor· editorial standards byOjas Kale
Next →
Razorpay and Sembcorp Green Infra Receive Sebi Approval for IPOs
  1. 1
    thetribune13 Nov, 11:42 am
    Global oil market to return to surplus in Q4 2026, larger supply build expected in 2027: IEA
  2. 2
    economictimes13 Nov, 12:06 pm
    Global oil market to return to surplus in Q4 2026, larger supply build expected in 2027: IEA
  3. 3
    timesnow13 Nov, 12:14 pm
    Oil Market Set For Major Surplus In 2027 As Supply Recovery Outpaces Demand, IEA Says

Who's involved

Institutions and figures named across source coverage.

Government
International Energy Agency

Story context

Category
Business
Location
New Delhi, India
Sources analysed
3
Last analysed
13 Nov 2026
Key entities
Bar (unit)International Energy AgencyPetroleumBarrelRecessionSupply and demandUnited States dollarIranEthaneNaphthaLiquefied petroleum gasOil refinery