Bloomberg | IEA Sees Oil Market Supply Deficit Deepen Significantly This Year OilPrice.com Global oil demand will exceed supply in the second quarter, and even more so until the end of the year, if OPEC extends the production cuts, according to Neil Atkinson, head of oil analysis at the International Energy Agency (IEA). “It is starting to ... U.S. Oil Output to Hit a Record in 2018 Oil Rises on Falling US Crude Reserve |