The IEA just took another 1.4 million barrels per day out of its 2026 global oil supply outlook, and it no longer expects normal Gulf flows to return this year, according to a new agency report released on Friday.

LONDON: Global oil supply and demand will fall further than previously thought this year, the International Energy Agency said on Friday (Sep 11), as a lack of progress in ending…

IEA cuts 2026 oil demand forecast by 1.6M barrels/day. New all-time high for crude oil by December 31 at 13.5% YES.