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Global oil supply set for significant growth over next two years, says IEA
The New Indian Express Kottayam
|October 15, 2025
THE world’s oil supply is on track for substantial growth over the next two years, with an increase of 3 million barrels per day (mb/d) expected in 2025 and a 2.4 mb/d in 2026, as per a report from the International Energy Agency (IEA).
The monthly Oil Marketing Reports by IEA, also highlights that the bulk of this future growth will come from producers outside the OPEC+ alliance. The United States, Brazil, Canada, Guyana, and Argentina are expected to contribute a combined 1.6 mb/d (million barrel per day) of additional supply in 2025, followed by a further 1.2 mb/d in 2026.
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The New Indian Express Kottayam
Global oil supply set for significant growth over next two years, says IEA
THE world’s oil supply is on track for substantial growth over the next two years, with an increase of 3 million barrels per day (mb/d) expected in 2025 and a 2.4 mb/d in 2026, as per a report from the International Energy Agency (IEA).
1 mins
October 15, 2025
The New Indian Express Kottayam
Sri Lanka, New Zealand split points
SRI LANKA and New Zealand shared points as their Women’s World Cup match was abandoned due to persistent rain after strong batting performance by the hosts here on Tuesday.
1 min
October 15, 2025
The New Indian Express Kottayam
IMF revises upwards India’s GDP growth forecast to 6.6% for FY26
THE International Monetary Fund (IMF) on Tuesday revised upwards India’s gross domestic product (GDP) growth forecast for the current financial year to 6.6% as against its earlier estimate of 6.4%.
1 min
October 15, 2025
The New Indian Express Kottayam
How will new EPF withdrawal rules affect salaried class?
THE Employees’ Provident Fund Organisation (EPFO) has approved members to access up to 100% of their eligible fund balance, subject to a mandatory minimum balance cushion.
1 mins
October 15, 2025
The New Indian Express Kottayam
Top Maoist leader carrying bounty of ₹10 cr surrenders with 60 cadres
Maoists strangle BJP worker to death in Chhattisgarh district
1 mins
October 15, 2025
The New Indian Express Kottayam
Leh DM to SC: Wangchuk engaged in activities prejudicial to na’tl security
SC allows UPSC answer key petitions
1 min
October 15, 2025
The New Indian Express Kottayam
India for tech-driven, leaner UN peacekeeping
GENERAL Upendra Dwivedi, Chief of Army Staff, said on Tuesday that under the financial constraints, the United Nation (UN) Peacekeeping missions have to be planned at smaller scales and will have to move towards preventive diplomacy.
1 min
October 15, 2025
The New Indian Express Kottayam
Cape Verde celebrates 2nd-least populated nation in WC
CAPE VERDE beat Eswatini 3-0 on Monday to secure a spot at the 2026 World Cup, booking their place in football’s global showpiece for the very first time.
1 min
October 15, 2025
The New Indian Express Kottayam
EC cracks whip on uncertified political ads ahead of polls
WITH the Bihar Assembly elections and by-elections in eight constituencies across seven States and Union Territories on the cards, the Election Commission of India (ECI) has tightened oversight on political advertising, especially on electronic and social media.
1 min
October 15, 2025
The New Indian Express Kottayam
BoM profit rises 23% on higher interest income
PUNE-BASED public sector lender Bank of Maharashtra on Tuesday reported a 23.1% year-on-year growth in net profit at %1,633 crore for the September quarter, boosted by a healthy core income.
1 min
October 15, 2025
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