Bitcoin’s oil relief has a catch: more oil at sea, less on land
CryptoSlate ·
The IEA raised its fourth-quarter supply forecast by 3.3 million barrels a day, while depleted land stocks and diesel shortages keep relief conditional.
The International Energy Agency raised its fourth-quarter 2026 oil supply forecast by 3.3 million barrels a day in its November 13 report and now expects a quarterly surplus. The improved outlook could reduce oil-related inflation pressure, which matters to Bitcoin through interest rates and investors' willingness to take risk.
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