Oil Prices Fall as OPEC and IEA Slash 2026 Demand Outlooks
Despite the ongoing stalemate in the U.S.-Iran talks and persistent risks to shipping in the Middle East, oil…
Energy Crisis Is Changing Demand Patterns—For Now
Roughly one-fifth of global LNG flows has been impacted by the Hormuz crisis. The cumulative losses in crude…
IEA Revises 2026 Forecast: Oil Deficit Widens as Iran War Cuts Production
Global oil demand is set to exceed supply in the current year amid the ongoing conflict in the…
Oil Prices Rise as U.S.-Iran Peace Hopes Fade
Crude oil prices ticked higher today as hopes for a peace deal between the United States and Iran…
Warnings on Permanent Oil Demand Destruction Begin Pouring In
Warnings are multiplying that the oil supply shock caused by the war in the Middle East is going…
IEA’s Birol Says Iran War Will Permanently Cut Into Future Oil Demand
International Energy Agency chief Fatih Birol says the Iran war has permanently changed the fossil fuel industry and…
IEA Urges Working From Home and Cutting Air Travel to Ease Oil Supply Shock
Amid the biggest oil supply shock in history, the International Energy Agency (IEA) on Friday called on governments…
China’s Crude Hoarding Is Propping Up Oil Prices
China played a big role in supporting oil prices in 2025 as it accelerated crude stockpiling and absorbed…
IEA Raises Forecast of Global Oil Demand Growth in 2026
The world’s oil demand growth is set to rise by 930,000 barrels per day (bpd) in 2026, thanks…
Oil’s Problem Isn’t Iran or Russia — It’s Too Much Oil
Crude oil prices are in retreat after rising on the possibility of U.S. strikes on Iran. Before the…
Oil Prices Slip as Markets Eye the Return of Venezuelan Crude
Oil prices edged lower in early Asian trading on Tuesday as markets weighed the possibility of higher Venezuelan…
AI Becomes a Boost for Global Oil Demand, Not a Bridge to Net Zero
Artificial intelligence could help the energy industry tap an additional one trillion barrels of oil by making more…