The International Energy Agency (IEA) predicts a drop in global oil consumption this year. This would be the first decline in this sector since the Covid-19 pandemic.
According to the agency, for the rest of 2026 global oil consumption will be reduced due to what is happening in the Middle East,…
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International Energy Agency
IEA raises global oil supply growth
The International Energy Agency's forecasts for global oil supply at the end of 2025 and for 2026 were raised to 3.1 million and 2.5 million barrels per day, respectively.
This is reflected in the IEA's recent report on this market,…
IEA forecasts increase in global oil production, led by three Latin American countries
The International Energy Agency (IEA) estimates that oil demand will continue to rise. In this context, production is expected to continue at this upward pace, reaching 5.8 million barrels per day, with a quarter coming from Argentina,…
Oil supply to be assured this year
According to the International Energy Agency (IEA) oil supply forecasts for 2025, the figures will be favorable.
Despite the impact on the sector of low demand from China, the agency “increased its forecast for growth in global oil demand…
First Global Energy Summit in December will address AI electricity consumption
On December 5, the First Global Energy and Artificial Intelligence Summit will take place in Paris to analyze the increase in electricity consumption generated by the development and application of artificial intelligence.
This was…