IEA cuts 2026 oil demand outlook by 2.5 million bpd
IEA forecasts 2026 world oil demand to drop by 2.5M bpd and sees 2026 global oil supply averaging 100.7M bpd, down 5.7M bpd from 2025.
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Brent crude falls below $88, ending six-session rally
Brent crude drops below $88 a barrel on Thursday, ending a six-session rally as the IEA cuts its demand outlook and flags a larger 1.8 million bpd supply shortfall this quarter.
IEA Cuts World Oil Demand Forecast
IEA sees world oil demand falling by 1.6 million BPD in 2026
IEA Cuts World Oil Demand Forecast
IEA sees world oil demand falling by 1.6 million BPD in 2026
IEA Cuts Global Oil Supply Forecast
IEA forecasts global oil supply to decline by 4.3 million bpd in 2026