Baku 15° C
IEA raises its forecast for global oil supply growth in 2026 by 2.5M barrels
Energy
- 21 January, 2026
- 14:10
Add Report.az to preferred Google sources
Stay up to date with the top news!
Global oil supply in 2026 will reach 108.7 million barrels per day (bpd), up 2.5 million bpd from 2025, reads the monthly update of the International Energy Agency (IEA), Report informs.
A month earlier, the organization's analysts forecast an increase of almost 2.4 million bpd, to 108.6 million bpd. This represents a 100,000 bpd increase in their forecast.
The agency's analysts maintained their estimate for global oil supply in 2025 at 106.2 million bpd. This represents a 3.2 million bpd increase in global supply over the past year.
Latest News
00:37
Azerbaijani gymnasts win synchronized trampoline bronze in Nanjing
Individual sports
23:54
Macron says support for Ukraine is vital to France's security
Other countries
23:42
Photo
Leyla Aliyeva highlights women's role in climate action at COP31
Foreign policy
23:08
Netanyahu says Iran seeks to revive nuclear program
Other countries
22:48
Tens of thousands protest rising housing costs across Portugal
Other countries
22:18
At least five killed, 17 injured as bus overturns in Iran
Region
21:51
Photo
Leyla Aliyeva discusses falling Caspian Sea levels at COP31
Foreign policy
21:19
Video
President Ilham Aliyev urges world leaders to take responsibility for climate action
Foreign policy
20:54
Pakistan says 24 militants killed in Balochistan, North Waziristan
Other countries