Oil and prices
Global
IEA forecasts lower global oil demand in 2026
Master Services Technical TeamSelection and context
Published by Master Services
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Summary
In its September 11 report, the IEA forecasts a 2.5 million-barrel-per-day decline in global oil demand in 2026 compared with 2025. It also reports an observed inventory draw of 507 million barrels between February and August.
Why it may matter to operators
For stations and fleets, consumption and inventories need separate analysis: falling demand does not guarantee lower prices. These global figures are not a forecast of fuel prices in Panama.
Editorial note
Summary and context by Master Services. Consult the original source and confirm local applicability for each project.
