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IEA improves global oil demand forecast, expects 1.047 mln bpd decline in 2026
The IEA noted that oil demand fell by 5.3 million bpd in May to 97.9 million bpd, hitting its lowest level this year
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cnbc.com
World oil demand set for first annual decline since 2020, IEA says
Renewed escalation in the U.S.-Iran war could complicate matters and further cloud the outlook, the IEA warned Friday.
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cryptobriefing.com
IEA projects global oil demand decline of 1.1 million barrels per day in 2026 as Iran war reshapes energy markets
The IEA forecasts global oil demand will decline by 1.1 million barrels per day in 2026 due to Iran war disruptions, with ripple effects across markets.
