# Surplus anticipated in 2025 global oil market | Oil & Gas Journal

> OPEC+ announced on December 5, 2024 a third three-month delay to planned output increases, pushing the timeline to April 2025 and full unwinding of cuts to December 2026. The IEA estimates that if the April increase proceeds, the 2025 global oil surplus would reach 1.4 million bpd. Overproduction by some members and non-OPEC supply growth are cited as continuing pressures.

- Date: 2025-01-06 · published 2025-01-06T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/26428-surplus-anticipated-in-2025-global-oil-market-oil-and-gas-journal
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A projected 2025 surplus points to ample supply and softer crude prices, which lowers costs for diesel and freight. Feed buyers may see lower energy-linked input costs if the surplus materializes.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Sources

- ogj.com: https://www.ogj.com/general-interest/economics-markets/article/55251696/surplus-anticipated-in-2025-global-oil-market

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