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IEA cuts 2026 oil demand outlook as Middle East war rattles markets
IEA cuts 2026 oil demand outlook as Middle East war rattles markets
WEDNESDAY, APRIL 15, 2026
IEA lowers its 2026 oil demand growth forecast as Middle East conflict disrupts Hormuz flows, hits supply and keeps pressure on global oil pricesIEA warns Iran conflict could trigger an energy crisis bigger than past global shocks
IEA warns Iran conflict could trigger an energy crisis bigger than past global shocks
MONDAY, MARCH 23, 2026
IEA says the Iran war and Strait of Hormuz disruption risk a global energy crisis surpassing the 1970s oil shocks and the 2022 Russia-Ukraine turmoilIEA unveils 10 emergency oil-saving steps as Middle East war rattles markets
IEA unveils 10 emergency oil-saving steps as Middle East war rattles markets
SATURDAY, MARCH 21, 2026
The IEA has issued 10 emergency measures to cut oil demand after Middle East supply disruptions sent crude above US$100 a barrelG7 leaders welcome IEA decision on coordinated oil release
G7 leaders welcome IEA decision on coordinated oil release
THURSDAY, MARCH 12, 2026
The leaders from the Group of Seven major countries on Wednesday (March 11) welcomed an agreement reached by member countries of the International Energy Agency to release 400 million barrels of oil from their reserves to curb soaring crude oil prices.Oil prices extend losses as IEA weighs record emergency stock release
Oil prices extend losses as IEA weighs record emergency stock release
WEDNESDAY, MARCH 11, 2026
Global oil prices fell after reports said the IEA was considering its biggest-ever strategic reserve release to ease supply fears linked to the Iran warIEA revises up oil demand forecasts for 2021, 2022
IEA revises up oil demand forecasts for 2021, 2022
FRIDAY, OCTOBER 15, 2021
Record coal and gas prices, rolling black-outs have prompted a switch to oil. IEA forecasts global oil demand to rise by 5.5 million barrels per day (mb/d) in 2021 and 3.3 mb/d in 2022.IEA cuts oil demand outlook on virus, sees new surplus in 2022
IEA cuts oil demand outlook on virus, sees new surplus in 2022
FRIDAY, AUGUST 13, 2021
The International Energy Agency cut forecasts for global oil demand "sharply" for the rest of this year as the resurgent pandemic hits major consumers, and predicted a new surplus in 2022.IEA warns of much tighter oil market unless OPEC+ boosts supply
IEA warns of much tighter oil market unless OPEC+ boosts supply
WEDNESDAY, JULY 14, 2021
Global oil markets are set to "tighten significantly" unless the OPEC+ alliance resolves its standoff and agrees to increase production, the International Energy Agency warned.