Toril Bosoni, head of the oil markets at the International Energy Agency, discusses the prospects for oil stocks, prices and OPEC+ production. A record oil surplus that is projected for next year looks even greater while OPEC+ continues to breathe new life into the production and the rivals of the group are growing, the IEA said in a report on Thursday. World production will exceed consumption by an average of 3.33 million barrels per day in 2026, according to the report, about 360,000 per day expected more than a month ago.
