Agencies Global oil demand is set to decline this year for the first time since the height of the COVID-19 pandemic in 2020, according to a report from the International Energy Agency. The drop, which the agency expects to amount to about 1 million barrels per day in 2026, is due to higher oil pric»»»

Afghan Voice Agency (AVA) - International Service: According to CNBC, the International Energy Agency report states that this decline in global oil demand will be the first annual decline since the peak of the Covid-19 pandemic in 2020. This decline in demand is highly uneven both in terms of produ»»»

Global oil demand is set to decline for the first time since 2020 as the US war on Iran wreaked havoc with production and exports in the Middle East, the International Energy Agency (IEA) said Friday. World oil demand is set to decline by 1 million b/d year-on-year in 2026, which would mark its fir»»»