September 11, 2026

IEA Cuts Forecast for Global Oil Demand in 2026

Paris: The International Energy Agency (IEA) has lowered its forecast for global oil demand in 2026, expecting consumption to decline by 2.5 million barrels per day, compared with a decrease of 1.6 million barrels per day projected in its August estim…

IEA Cuts Forecast for Global Oil Demand in 2026

Paris: The International Energy Agency (IEA) has lowered its forecast for global oil demand in 2026, expecting consumption to decline by 2.5 million barrels per day, compared with a decrease of 1.6 million barrels per day projected in its August estim…

Omani Oil Price Up by USD 2.59

Muscat: The official price of Oman crude oil for November delivery increased on Friday by USD 2.59, reaching USD 121.89 per barrel. This was a rise from Thursday’s price of USD 119.30 per barrel.

According to Qatar News Agency, the monthly average p…