Group 1 - The International Energy Agency (IEA) forecasts a significant increase in global crude oil supply, predicting growth of 2.7 million barrels per day in 2025 and 2.1 million barrels per day in 2026, which is higher than previous estimates of 2.5 million and 1.9 million barrels per day respectively [2][1] - Following the IEA's forecast, oil prices have declined, with Brent crude falling 0.3% to $67.30 per barrel and West Texas Intermediate dropping 0.4% to $63.42 per barrel [1][2]