# World oil market to see higher surplus after OPEC+ hike, IEA says

> The IEA's monthly report raised its forecast for 2025 global oil supply growth to 2.7 million bpd from 2.5 million bpd, and projects a further 2.1 million bpd increase in 2026. The agency linked the revision to OPEC+ unwinding its second layer of cuts faster than scheduled.

- Date: 2025-10-01 · published 2025-10-01T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/22773-world-oil-market-to-see-higher-surplus-after-opec-hike-iea-says
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A larger projected surplus means more crude available than demand requires, which weighs on oil prices. The forecast reinforces the bearish outlook for energy costs that feed into feed production.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2025-10-14 | [World oil market to see huge glut in 2026, IEA says \| Reuters](https://feedsoft.ai/events/22590-world-oil-market-to-see-huge-glut-in-2026-iea-says-reuters.md) | -4.5% | -0.3% |
| BRENT | 2018-10-11 | [OPEC says oil market well supplied, wary of 2019 surplus](https://feedsoft.ai/events/62457-opec-says-oil-market-well-supplied-wary-of-2019-surplus.md) | -4.2% | -14.8% |
| BRENT | 2024-09-12 | [Oil Market Report - September 2024 - IEA](https://feedsoft.ai/events/10167-oil-market-report-september-2024-iea.md) | +5.1% | +9.0% |
| BRENT | 2017-12-01 | [Oil Trades Below $57 After IEA Says OPEC May Not See Happy 2018 - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/67642-oil-trades-below-57-after-iea-says-opec-may-not-see-happy-2018-energy-news-top.md) | -2.0% | +4.9% |
| BRENT | 2020-04-15 | [Oil Market Report - April 2020 - IEA](https://feedsoft.ai/events/4479-oil-market-report-april-2020-iea.md) | -47.7% | +11.5% |
| WTI | 2025-10-14 | [World oil market to see huge glut in 2026, IEA says \| Reuters](https://feedsoft.ai/events/22590-world-oil-market-to-see-huge-glut-in-2026-iea-says-reuters.md) | -2.7% | +1.7% |
| WTI | 2018-10-11 | [OPEC says oil market well supplied, wary of 2019 surplus](https://feedsoft.ai/events/62457-opec-says-oil-market-well-supplied-wary-of-2019-surplus.md) | -4.8% | -15.7% |
| 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% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/world-oil-market-see-higher-surplus-after-opec-hike-iea-says-2025-09-11/

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