QNA Paris The International Energy Agency (IEA) has downgraded its forecast for global oil demand in 2026, projecting a decline of 1.1 million barrels per day, in a sharp revision to its previous estimates. The agency attributed the downward adjustment to the significant impact of the conflict in t»»»

Add TNIE As A Trusted Source PARIS: Oil inventories held by OECD member countries fell in May to their lowest level since 1990 as governments drew down stocks to offset the blockage of Gulf crude shipments during the Middle East war, the International Energy Agency said Wednesday. The drawdown sinc»»»

PARIS, France, June 17, 2026 (BSS/AFP) - Oil inventories held by OECD member countries fell in May to their lowest level since 1990 as governments drew down stocks to offset the blockage of Gulf crude shipments during the Middle East war, the International Energy Agency said Wednesday. The drawdown»»»

IEA proposes record oil stockpile release amid Middle East conflict: Report - Plan for 300M–400M barrel release from emergency reserves could mark largest coordinated stockpile draw in history as governments seek to calm volatile oil markets amid Mideast conflict, says Bloomberg The International E»»»