Baku 16° C
IEA raises its forecast for global oil demand growth in 2026
Energy
- 21 January, 2026
- 14:28
The International Energy Agency (IEA) has raised its forecast for global oil demand growth this year to 930,000 barrels per day (bpd), and now expects demand to reach 105 million bpd by the end of 2026, Report informs.
Global oil demand is projected to grow by an average of 930,000 bpd in 2026, up from 850,000 bpd in 2025, reads the update.
Author
Latest News
16:33
Azerbaijan increases lime production by 11%
Industry16:15
Five killed in Oman after vehicles swept away by floodwaters, civil defence says
Other countries16:04
Photo
Azerbaijani boxers win 4 medals at international tournament in Debrecen
Individual sports15:53
Serbian oil firm NIS posts €104.5M loss in 2025
Energy15:32
Azerbaijan MFA congratulates Pakistan on National Day
Foreign policy15:28
Xi Jinping congratulates Ilham Aliyev on Novruz
Foreign policy14:53
South Korean shares tumble, won hits 17-year low on Mideast conflict
Economy14:47
Srbuhi Galyan: Armenia's new Constitution legally ready
Region14:27