International Energy Agency — forecasts global oil demand and market outlooks, particularly regarding Middle East conflicts and energy supply disruptions.
Verbatim sentences from the source article.
Joy Online
… The prospect of a longer war constraining supply was offset this week by forecasts from OPEC and the International Energy Agency lowering outlooks for demand growth, while data showed the largest weekly gain in U.S. …
Oil steadies after US threatens indefinite blockade of IranJoy Online
… The producer group continues to see a smaller impact on consumption since the Iran war started than other forecasters such as the International Energy Agency, which expects demand to decline in 2026. …
OPEC further lowers 2026 global oil demand growth forecastJoy Online
… On the same day, the International Energy Agency said it expects a 1.6 million bpd contraction in consumption this year, down from a forecast of 1 million bpd last month, because of restricted fuel supplies and higher prices from the U.S.-Israeli war on Iran that have curtaile …
Oil drops on lower demand forecasts despite deadlock in US-Iran talksJoy Online
… A fifth of the world’s oil and liquefied natural gas used to transit through the strait and the head of the International Energy Agency, Fatih Birol, said he had concerns about global energy supplies. …
Iran accuses US of hitting civilian infrastructureJoy Online
… A fifth of the world’s oil and liquefied natural gas used to transit through the strait and the head of the International Energy Agency, Fatih Birol, said he had concerns about global energy supplies. …
Iran accuses US of hitting civilian infrastructureJoy Online
… ile, Qatar’s defence ministry said its armed forces thwarted an Iranian missile attack early on Friday, while the interior ministry said a child was injured by shrapnel resulting from interception operations. “Oil security is still a critical issue,” International Energy Agency …
Oil rises on intensifying US-Iran hostilities, threat of Red Sea closureJoy Online
… Following the agreement, global oil supply rose by 4.1 million barrels per day in June, but remained 9.4 million bpd below pre-war levels, the International Energy Agency said in its monthly report on Friday. …
Oil jumps 4% as new military strikes threaten Hormuz shipmentsJoy Online
… The decline in crude oil prices during that period was also attributed to weaker Chinese imports, record high US oil exports, and continued releases from strategic petroleum reserves by member countries of the International Energy Agency (IEA).
Fuel prices set to go down from July 16 despite current war in the Middle East – COMAC CEOJoy Online
The International Energy Agency projects a significant downturn in global oil demand for 2026. …
Global oil demand set for first annual decline since 2020, IEA saysJoy Online
… In April, the head of the International Energy Agency, an intergovernmental organisation that advises on energy policy, appeared to validate Miliband’s scepticism. …
Jackdaw boss warns of winter fuel shortages if gas field not approvedOil prices edged up on Friday after the United States threatened an indefinite naval blockade of Iran, offsetting earlier bearish signals from weaker demand outlook and large US stock builds. Brent crude rose to $87.08 a barrel and WTI to $81.31 a barrel, with both benchmarks tracking weekly gains of about 4%.
14 August 2026 · Joy Online →
Oil prices edged up on Friday after the United States threatened an indefinite naval blockade of Iran, offsetting earlier bearish signals from weaker demand outlook and large US stock builds. Brent crude rose to $87.08 a barrel and WTI to $81.31 a barrel, with both benchmarks tracking weekly gains of about 4%.
14 August 2026 · Joy Online →
OPEC on Wednesday cut its forecast for world oil demand growth in 2026 to 580,000 barrels per day, marking the fourth consecutive downward revision. The group raised its 2027 oil demand growth forecast, though it continues to forecast less impact from the Iran war than the International Energy Agency.
13 August 2026 · Joy Online →
Oil prices dropped more than $1 per barrel on Thursday as OPEC and the International Energy Agency lowered global oil demand projections for 2026 due to disruptions from the U.S.-Israeli war on Iran, though supply constraints from the conflict provided support for the market.
13 August 2026 · Joy Online →
Iran has accused the US of hitting civilian infrastructure including bridges, a train station and an airport in air strikes since peace talks collapsed. BBC Verify confirmed an attack on a bridge in Hormozgan province, and provincial authorities said seven people were killed on Thursday night.
17 July 2026 · Joy Online →
Iran has accused the US of hitting civilian infrastructure including bridges, a train station and an airport in air strikes since peace talks collapsed. US Central Command says the attacks were intended to degrade Iranian military capabilities, and seven people were killed in strikes on Thursday night according to provincial authorities.
17 July 2026 · Joy Online →
Brent crude rose 0.83% to $84.93 a barrel and WTI rose 1.03% to $79.76 a barrel on Friday as US-Iran hostilities escalated and Tehran asked the Houthis to prepare to shut the Red Sea export route, with both benchmarks climbing nearly 12% for the week.
17 July 2026 · Joy Online →
Oil prices jumped over 4% on Monday as U.S. and Iranian military strikes escalated, threatening energy shipments via the Strait of Hormuz. Brent crude climbed to $79.11 per barrel while U.S. West Texas Intermediate rose to $74.36, with only six vessels transiting the strait on Sunday—the lowest in five weeks.
13 July 2026 · Joy Online →
Dr. Riverson Oppong, CEO of the Chamber of Oil Marketing Companies, says petroleum product prices will be reduced at pumps from July 16, 2026, based on international market developments and cedi stability over the past month.
10 July 2026 · Joy Online →
The International Energy Agency forecasts a significant downturn in global oil demand for 2026, the first annual decline since the 2020 pandemic, citing Middle East conflict and the closure of the Strait of Hormuz as primary drivers of disrupted production and export routes.
10 July 2026 · Joy Online →
The chief executive of Adura, the owner of the Jackdaw gas platform in the North Sea, told BBC News that government approval is "hyper critical" to avoid domestic supply shortages this winter, saying the project could meet 6% of UK gas needs from 1 October. Environmental campaigners oppose the project, citing this summer's record heatwaves as evidence of the need to tackle climate change.
9 July 2026 · Joy Online →
Oil Marketing Companies including GOIL and Zen Petroleum have reduced petrol and diesel prices in line with Ghana's bi-weekly fuel price review, following the National Petroleum Authority's announcement of lower price floors for the June 16–30 pricing window.
16 June 2026 · Joy Online →
The Chief Executive Officer of the Chamber of Oil Marketing Companies says easing tensions between Iran and the United States could sustain recent declines in global crude oil prices and push them below $80 per barrel. Crude oil prices have dropped from about $110 to $97 per barrel this month, attributed to weaker Chinese imports, record-high US oil exports, and strategic petroleum reserve releases.
15 June 2026 · Joy Online →
Petrol, diesel, and LPG prices are projected to drop significantly during the second pricing window of June, with petrol expected to fall by up to 9.31% to around GH¢14.72 per litre. The decline is attributed to falling global oil prices, though cedi depreciation has limited the extent of the cuts.
15 June 2026 · Joy Online →
Turkey's COP31 President-Designate Murat Kurum announced a global electrification target to increase the share of final energy demand met by electricity from just over 20% today to 35% by 2035, aiming to accelerate the shift from direct fossil fuel use to clean electricity across buildings, transport and industry.
9 June 2026 · Joy Online →
Ferrari unveiled its first electric vehicle, the Luce, designed by iPhone designer Sir Jony Ive, but the $640,000 five-seater car faced widespread criticism from investors, politicians, and internet users, with the firm's shares falling 8% after the launch and a former chairman warning it risks destroying the brand's legend.
31 May 2026 · Joy Online →
Finance ministers from the Group of Seven are meeting in Paris to coordinate a response to the prolonged closure of the Strait of Hormuz caused by Iran-related conflict, which has disrupted vital oil and gas supplies through the maritime chokepoint that typically handles roughly a fifth of the world's petroleum liquids.
18 May 2026 · Joy Online →
Airlines globally cancelled 13,000 flights in May as jet fuel prices surged due to Middle East conflict, removing nearly two million seats; the cancellations represent 1% of global flights, with UK departures to summer destinations unaffected.
6 May 2026 · Joy Online →
Spirit Airlines has ceased operations immediately after failing to secure a $500m rescue deal from the Trump administration. The budget carrier, which was emerging from bankruptcy, cited a surge in jet fuel costs following the US-Israel war in Iran as a factor in its collapse.
4 May 2026 · Joy Online →
The World Meteorological Organization indicates El Niño conditions may develop in 2026, potentially raising global temperatures into 2027 and disrupting rainfall patterns. For Ghana, this could intensify disruptions to rainfall, flooding, and pressure on food and energy systems, with agriculture particularly vulnerable as farming systems depend heavily on seasonal rains.
29 April 2026 · Joy Online →