# Oil Market Report - October 2025 - IEA

> The IEA October Oil Market Report estimates global oil demand rose 750 kb/d year on year in 3Q25 and forecasts annual demand growth of about 700 kb/d in 2025 and 2026. Global supply rose to 108 mb/d in September, with OPEC+ output up 1 mb/d, and is set to rise 3 mb/d in 2025. Refinery runs fall to a seasonal low in October.

- Date: 2025-10-14 · published 2025-10-14T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/22591-oil-market-report-october-2025-iea
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Supply growth well ahead of subdued demand points to a surplus that weighs on crude and diesel prices. Lower energy costs ease transport and processing expenses for feed producers, while softer biofuel economics reduce support for oilseed and corn demand.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼
- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2025-11-13 | [Oil Market Report - November 2025 - IEA](https://feedsoft.ai/events/22111-oil-market-report-november-2025-iea.md) | +1.6% | -2.2% |
| WTI | 2025-06-17 | [Oil Market Report - June 2025 - IEA](https://feedsoft.ai/events/9612-oil-market-report-june-2025-iea.md) | -9.9% | -6.8% |
| WTI | 2024-11-14 | [Oil Market Report - November 2024 - IEA](https://feedsoft.ai/events/27587-oil-market-report-november-2024-iea.md) | +0.7% | +2.2% |
| WTI | 2024-09-12 | [Oil Market Report - September 2024 - IEA](https://feedsoft.ai/events/10167-oil-market-report-september-2024-iea.md) | +5.3% | +8.4% |
| WTI | 2020-04-15 | [Oil Market Report - April 2020 - IEA](https://feedsoft.ai/events/4479-oil-market-report-april-2020-iea.md) | -32.0% | +25.9% |
| BRENT | 2025-11-13 | [Oil Market Report - November 2025 - IEA](https://feedsoft.ai/events/22111-oil-market-report-november-2025-iea.md) | +2.2% | +0.6% |
| BRENT | 2025-06-17 | [Oil Market Report - June 2025 - IEA](https://feedsoft.ai/events/9612-oil-market-report-june-2025-iea.md) | -1.7% | -5.5% |
| BRENT | 2024-11-14 | [Oil Market Report - November 2024 - IEA](https://feedsoft.ai/events/27587-oil-market-report-november-2024-iea.md) | +1.4% | +1.9% |

## Sources

- iea.org: https://www.iea.org/reports/oil-market-report-october-2025

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.