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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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energyintel.com
EIA Adjusts Outlook to Account for Longer Mideast Outages
The US agency made huge revisions to its global oil supply, demand and inventory projections as a result of the Mideast war and closure of the Strait of Hormuz.
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global.chinadaily.com.cn
OPEC lowers 2026 oil demand growth forecast
VIENNA - The Organization of the Petroleum Exporting Countries (OPEC) announced on Wednesday that the global oil demand is forecast to grow by a "healthy" 1.2 million barrels per…
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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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cnbc.com
Oil price spike turmoil far from over, IEA says as inventories are depleted at “record pace"
The IEA's oil market report for May noted that global oil supply declined by a further 1.8 million barrels per day in April.
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euronews.com
Oil stocks drain at record pace as IEA warns of renewed price swings
The International Energy Agency says the oil market is likely to remain in deficit until the final quarter of the year, as disruptions at the Strait of Hormuz continue to…
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english.alarabiya.net
OPEC cuts 2026 global oil demand growth forecast
OPEC on Wednesday lowered its forecast for global oil demand growth in 2026, joining other forecasters such as the International Energy Agency in cutting
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oilprice.com
IEA Revises 2026 Forecast: Oil Deficit Widens as Iran War Cuts Production | OilPrice.com
Global oil demand will exceed supply by 1.78M bpd in 2026 as Middle East conflict closes the Strait of Hormuz.
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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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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.
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thejakartapost.com
Nations drawing down oil stocks at record pace: IEA - Markets - The Jakarta Post
Countries are tapping into oil inventories and strategic reserves at a "record pace" due to the "unprecedented" supply disruptions caused by the Middle East war, the International…