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Confidential Source•Aug 12, 2026
IEA Slashes 2026 Oil Supply‑Demand Forecast as Hormuz Remains Closed
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6 results for “oil supply”
Stocks Market
•August 12th, 2026IEA Slashes 2026 Oil Supply‑Demand Forecast as Hormuz Remains Closed
The International Energy Agency (IEA) has further reduced its 2026 global oil supply‑demand balance, now forecasting a daily deficit of 1.8 million barrels – more than double its estimate a month ago. The outlook is being driven by the ongoing closure of the Strait of Hormuz, which blocks roughly 20...
Stocks Market
Brent Crude Surpasses $86 as Hormuz Tensions Ignite Oil Supply Fears
boursenews.ma•Jul 14
On July 14, 2026, Brent crude jumped above $86 a barrel, posting a weekly gain of over 10%. The surge was triggered by President Donald Trump’s decisi...
Stocks Market
IEA Forecasts Global Oil Demand Recovery Starting 2026
boursenews.ma•Jul 10
The International Energy Agency (IEA) says the global oil market is already showing signs of a demand rebound, raising its 2026 outlook slightly. Whil...
Stocks Market
OPEC+ Approves Additional Oil Production Boost Starting August
boursenews.ma•Jul 5
The OPEC+ group announced on Sunday that it will raise its collective oil‑output target by another 188,000 barrels per day beginning in August. The mo...
Stocks Market
Brent Crude Falls 2% as Oil Tankers Resume Transit Through the Strait of Hormuz
boursenews.ma•Jun 26
Oil prices kept sliding on Friday as fears of a global supply squeeze eased. The gradual return of tankers that were stuck in the Strait of Hormuz, co...