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IEA worsens global oil demand forecast, expects decline of 418,000 bpd in 2026
The agency thus worsened its demand forecast by 334,000 bpd compared with its April expectations, when the IEA projected a decline of 84,000 bpd
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tass.com
IEA worsens global oil demand forecast, expects decline of 418,000 bpd in 2026
The agency thus worsened its demand forecast by 334,000 bpd compared with its April expectations, when the IEA projected a decline of 84,000 bpd
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energyintel.com
IEA Sees Bigger Drop in Demand, Warns on Inventories
The IEA and Opec have both lowered their forecasts for global oil demand in 2026, but the producer group sees a far more resilient oil market.
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cnbc.com
Oil struggles for direction as IEA flags greater volatility ahead, OPEC cuts demand forecast
OPEC cut its demand growth estimates for 2026 to about 1.2 million barrels per day.