Photographer: Matthew Lloyd/Bloomberg

IEA Cuts Gas Use Outlook Again as Glut Seen to End of Decade

Updated on
  • Gas use in power generation slows, especially in the U.S.
  • All eyes on China: stalling consumption may prolong oversupply

While oil markets will start re-balancing after a slump next year, an oversupply in natural gas won’t disappear until the end of the decade, the International Energy Agency said, slashing its gas demand outlook for a fourth straight year.

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