EconomyIEA cuts global oil demand forecast, sees 1.6 million bpd decline in 2026

The International Energy Agency has lowered its forecast for global oil demand. It expects demand to fall by 1.6 million barrels per day in 2026. The report says global demand could return to growth by November if conditions continue to normalize. This outlook links the projected decline to an assumption of further normalization.

oil demandIEAenergy markets

TTASS★★★★☆2026-08-12 11:36Original