![Storage tanks at a refinery in Los Angeles, US. Crude production worldwide is projected to reach 104.6 million bpd, according to the EIA. Reuters](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/5N7ELQEJVV3WUCJLR37UNYM4RI.jpg?smart=true&auth=cc13d981dcebb42fec36771fb3047ea2569eb5cff69ed9a36e567d75ba9ca743&width=400&height=225)
Storage tanks at a refinery in Los Angeles, US. Crude production worldwide is projected to reach 104.6 million bpd, according to the EIA. Reuters
Storage tanks at a refinery in Los Angeles, US. Crude production worldwide is projected to reach 104.6 million bpd, according to the EIA. Reuters
EIA predicts global crude supply deficit in 2025 amid Opec+ cuts
Global oil stocks will drop by 700,000 barrels per day in the second half of 2024