EconomyEnergyMarkets

Global Oil Markets Face Unprecedented Supply Surge by Late 2025, Analysis Shows

Major forecasting agencies are signaling a substantial oil surplus developing by late 2025, according to recent analysis. The projected supply glut could reshape global energy markets and commodity trading strategies. Industry observers are monitoring how this potential oversupply might affect pricing and investment decisions.

Projected Oil Glut Signals Market Shift

Global oil markets are reportedly heading toward a significant supply surplus by October 2025, according to recent analysis from key forecasting agencies. The projected oversupply, described as potentially record-setting, comes amid shifting production dynamics and demand patterns across major economies. Analysts suggest this development could have substantial implications for commodity markets and energy investment strategies worldwide.

EconomyEnergy

Residential Power Bills Outpace Business Rates Amid Policy Shifts, Studies Find

Household electricity costs have risen significantly faster than commercial and industrial rates over the past five years, according to new research. Analysts point to state energy policies and distributed solar adoption as key factors behind the diverging price trends.

Residential Electricity Costs Surge Ahead of Business Rates

Residential electricity prices have increased more rapidly than commercial and industrial rates over the past five years, according to reports from Lawrence Berkeley National Laboratory. Nationwide average residential prices jumped 27% to 16.5 cents/kWh between 2019 and 2024, while commercial and industrial prices both increased 19% to 12.8 cents/kWh and 8.1 cents/kWh respectively, the laboratory’s analysis found.

EnergyPolicy

Iran Terminates Nuclear Inspection Agreement with UN Watchdog

Iran has officially declared void its September cooperation agreement with the International Atomic Energy Agency. The decision follows through on previous threats made after Western powers reinstated United Nations sanctions last month.

Nuclear Monitoring Agreement Officially Cancelled

Iran has formally terminated a cooperation agreement with the International Atomic Energy Agency that was signed just last September, according to reports from state media. The announcement came from Ali Larijani, Secretary of Iran’s Supreme National Security Council, during meetings with Iraqi counterparts in Tehran.