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The IEA Had Already Reduced Its Oil Demand Forecast. It Has Done So Once More.

Posted on August 12, 2026
By International Business Times
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1 min read

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The IEA Had Already Reduced Its Oil Demand Forecast. It Has Done So Once More.

The International Energy Agency said global oil demand will drop by 1.6 million barrels a day this year, a significant increase compared to the previous figure.