IEA Upgrades Global Oil Demand Forecast for 2026, Expects Drop by 1.05Mln Bpd - Report

NAMPA / Sputnik

2026-07-10

MOSCOW, July 10 (RIA Novosti) - The International Energy Agency (IEA) has slightly upgraded its forecast for global oil demand in 2026 and now expects the demand to decline by 1.05 million barrels per day to 103.463 million barrels per day, the organization said in its fresh report on Friday. According to the updated data, demand is expected to decrease by 1.047 million barrels per day this year, which is 71,000 barrels per day less than it wa......

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