IEA Projects Oil Demand Shift: Decline in 2026, Expansion in 2027
Global oil demand is projected by the IEA to decline by 1.6 mb/d in 2026 before expanding by 2.4 mb/d in 2027, according to a report.
Reported by Gulf News
AN
2 min read
Language
Global oil demand is projected by the IEA to decline by 1.6 mb/d in 2026 before expanding by 2.4 mb/d in 2027, according to a report.

The United States is projected to achieve record natural gas production by 2026, according to the EIA.

A total solar eclipse reportedly captivated onlookers across Europe and Iceland, according to Gulf News.

Iran has rejected President Donald Trump's assertion of United States control over the Strait of Hormuz, maintaining the waterway remains blocked until its conditions are met.
