
The global oil market is expected to return to a surplus situation during the fourth quarter of this year, as exports from the Middle East are recovering faster than global oil demand.
The assessment was made by the International Energy Agency (IEA) in its monthly report on the oil market.
According to the agency, global oil supply is expected to exceed demand for the first time since the start of the Iran war.
This development is mainly related to the recovery of exports from Middle Eastern countries, despite the attacks that continue to be reported against maritime transport.
In its report, the IEA estimates that the market is showing the first signs of equilibrium, after a period of uncertainty and disruptions in international supply.
Despite the improvement in the situation, oil in Albania has still not dropped below 2,000 old lek.