IEA deepens its forecast 2026 oil supply fall to 4.3 million barrels a day and sees a 1.8 million barrel third-quarter deficit
Confirmedon an admission by the acting party plus an independent origin: 1 distinct origin, 1 tied to no party.
The International Energy Agency's August Oil Market Report forecast global oil supply to fall by 4.3 million barrels a day in 2026 to about 102 million, and put the third-quarter deficit at 1.8 million barrels a day, more than double its earlier estimate. It said Gulf output in July was still 8.3 million barrels a day below pre-war levels, observed stocks fell 69 million barrels in July, and cumulative draws since late February reached 410 million barrels. It forecast 2026 demand to fall 1.6 million barrels a day.
- When
- 12 August 2026
- Where
- Paris, France
- What
- market
- Attribution
- Acknowledged by the acting party. IEA report.
- In the record
- Published 2026-10-27 21:03 UTC · revision 1 · backfilled
Sources
- Evidence International Energy Agency
History
| When | Field | From | To | Why |
|---|---|---|---|---|
| 2026-10-27 21:03 UTC | status | null | confirmed | P1 backfilled: researched from cited sources and graded by the one rule |
Cite or reuse
The War Record, "IEA deepens its forecast 2026 oil supply fall to 4.3 million barrels a day and sees a 1.8 million barrel third-quarter deficit", ev-20261027-c9m8, revision 1, https://thewarrecord.com/events/ev-20261027-c9m8/