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IEA Reports Decrease in Oil Demand for 2026 and Strong Supply Increase for 2027 · Cyprus Report

International · World

IEA Reports Decrease in Oil Demand for 2026 and Strong Supply Increase for 2027

1 sourceFirst reported 1 month agoUpdated 1 month ago

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IEA lowers its global oil demand forecast for 2026 by 1.1 million barrels per day.
Oil deliveries have decreased by nearly 5% year-on-year in Q2 2026.
OECD countries see their oil stockpiles at the lowest levels since 1990.
A deal between the US and Iran may lead to increased oil exports from the Middle East.
Operational and political constraints pose risks for future oil demand and supply.

Generated by AI from the 1 sources below · always verify with the originals

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ΙΕΑ: Μείωση της ζήτησης πετρελαίου το 2026 αλλά ισχυρή αύξηση της προσφοράς το 2027newsit.gr · 1 month ago

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AI summary: catch up in 20 seconds

IEA lowers its global oil demand forecast for 2026 by 1.1 million barrels per day.
Oil deliveries have decreased by nearly 5% year-on-year in Q2 2026.
OECD countries see their oil stockpiles at the lowest levels since 1990.
A deal between the US and Iran may lead to increased oil exports from the Middle East.
Operational and political constraints pose risks for future oil demand and supply.

Generated by AI from the 1 sources below · always verify with the originals