May 13, 2026

IEA Forecasts Global Oil Supply to Plunge Below Demand in 2026

Doha: The International Energy Agency (IEA) has predicted a decline in global oil demand in 2026, averaging 104 million barrels per day, which is 1.3 million barrels per day lower than the pre-war forecast.

According to Qatar News Agency, the IEA a…

IEA Forecasts Global Oil Supply to Plunge Below Demand in 2026

Doha: The International Energy Agency (IEA) has predicted a decline in global oil demand in 2026, averaging 104 million barrels per day, which is 1.3 million barrels per day lower than the pre-war forecast.

According to Qatar News Agency, the IEA a…

IEA Forecasts Global Oil Supply to Plunge Below Demand in 2026

Doha: The International Energy Agency (IEA) has predicted a decline in global oil demand in 2026, averaging 104 million barrels per day, which is 1.3 million barrels per day lower than the pre-war forecast.

According to Qatar News Agency, the IEA a…

IEA Forecasts Global Oil Supply to Plunge Below Demand in 2026

Doha: The International Energy Agency (IEA) has predicted a decline in global oil demand in 2026, averaging 104 million barrels per day, which is 1.3 million barrels per day lower than the pre-war forecast.

According to Qatar News Agency, the IEA a…