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Oil and gas fields' output decline poses risks to global markets, IEA says

( September 16, 2025, 09:10 GMT | Official Statement) -- MLex Summary: Oil and gas field output is declining at a faster pace worldwide due to increased reliance on shale and deep offshore resources, the International Energy Agency said in a report on Tuesday. Only a small share of oil and gas investments addresses rising demand. Without upstream investments in oil, for example, the market would lose the equivalent of Brazil’s and Norway’s combined annual production each year, the agency said. This poses risks to global market balances, energy security and emissions, it added.Full statement follows, report attached:...

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