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IEA Lowers Forecast for 2026 Global Oil Output to 102.25Mln Bpd - Report

NAMPA / Sputnik
2026-05-13
MOSCOW, May 13 (RIA Novosti) - The International Energy Agency (IEA) has downgraded its forecast for global oil production in 2026 by 2.37 million barrels per day to 3.91 million barrels per day, and now expects production at 102​​​.25 million barrels per day, according to its fresh report on Wednesday. According to the April report, the agency expected the 2026 production to decrease by 1.54 million barrels per day to 104.67 million barrels per......
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