IEA Expects Oil Refining to Decrease to 82.9Mln Bpd in 2026 Over Mideast Situation- Report

NAMPA / Sputnik

2026-04-14

MOSCOW, April 14 (RIA Novosti) - The International Energy Agency (IEA) expects oil refining to decrease by 1 million barrels per day to 82.9 million barrels per day in 2026 due to the situation in the Middle East, according to its fresh report on Tuesday. "In April, Middle East and feedstock-constrained refineries in Asia have cut runs by around 6 mb/d, to 77.2 mb/d. Global crude runs are now expected to decline by 1 mb/d on average in 2026, t......

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