EconomyIEA lowers global oil demand forecast, expects 2.6 million bpd drop in 2026
The International Energy Agency expects global oil demand to fall by 2.6 million barrels per day in 2026 as the Middle East conflict weighs on markets, 100,000 bpd below its September forecast. Demand growth is not expected to turn positive before March 2027, when the agency projects a 2 million bpd increase for the full year.
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TASS★★★☆☆2026-10-14 08:18Original
IEA lowers global oil demand forecast, expects 2.6 million bpd drop in 2026