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Commentary
22 Jun 2026
How global oil supplies have readjusted to help fill the huge gap left by the Strait of Hormuz shock
…been felt most acutely. The IEA’s flagship Oil Market Report now estimates that global oil demand will drop by almost 5 million barrels per day in the second quarter of 2026 year-on-year, and by 1.1 million barrels per day on average for the full year. That compares with the forecast in February, before the outbreak of hostilities, of global demand growth of 850 000 barrels per day for the full year.In practice, the declines in demand have been much lower than the major losses of oil flows come through the Strait. Three other adjustments and…
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Event
21 Jan 2026
Oil Market Report – January 2026
Background information The IEA's monthly Oil Market Report (OMR) is the exclusive source for official government statistics from all OECD countries, as well as selected non-OECD countries, together with both historical datasets and supply-and-demand forecasts for the year ahead.Featuring tables, graphs and statistics, the OMR provides all the data necessary to perform ad-hoc analysis and track oil market developments and to identify trends in production, consumption, refining, inventories in OECD countries and prices for both crude and products. The OMR is a subscription service, released around the middle of each month. Read the highlights…
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Event
12 Feb 2026
Oil Market Report – February 2026
Background information The IEA's monthly Oil Market Report (OMR) is the exclusive source for official government statistics from all OECD countries, as well as selected non-OECD countries, together with both historical datasets and supply-and-demand forecasts for the year ahead.Featuring tables, graphs and statistics, the OMR provides all the data necessary to perform ad-hoc analysis and track oil market developments and to identify trends in production, consumption, refining, inventories in OECD countries and prices for both crude and products. The OMR is a subscription service, released around the middle of each month. Read the highlights…
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Event
12 Mar 2026
Oil Market Report – March 2026
Background information The IEA's monthly Oil Market Report (OMR) is the exclusive source for official government statistics from all OECD countries, as well as selected non-OECD countries, together with both historical datasets and supply-and-demand forecasts for the year ahead.Featuring tables, graphs and statistics, the OMR provides all the data necessary to perform ad-hoc analysis and track oil market developments and to identify trends in production, consumption, refining, inventories in OECD countries and prices for both crude and products. The OMR is a subscription service, released around the middle of each month. Read the highlights…
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Event
14 Apr 2026
Oil Market Report – April 2026
…Oil Market Report (OMR) is the exclusive source for official government statistics from all OECD countries, as well as selected non-OECD countries, together with both historical datasets and supply-and-demand forecasts for the year ahead.Featuring tables, graphs and statistics, the OMR provides all the data necessary to perform ad-hoc analysis and track oil market developments and to identify trends in production, consumption, refining, inventories in OECD countries and prices for both crude and products.The April edition of the IEA’s Oil Market Report is exceptionally provided free of charge in an abridged format. Oil Market…
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Event
13 May 2026
Oil Market Report – May 2026
Background information The IEA's monthly Oil Market Report (OMR) is the exclusive source for official government statistics from all OECD countries, as well as selected non-OECD countries, together with both historical datasets and supply-and-demand forecasts for the year ahead.Featuring tables, graphs and statistics, the OMR provides all the data necessary to perform ad-hoc analysis and track oil market developments and to identify trends in production, consumption, refining, inventories in OECD countries and prices for both crude and products. The OMR is a subscription service, released around the middle of each month. Read the highlights…
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Event
17 Jun 2026
Oil Market Report – June 2026
Background information The IEA's monthly Oil Market Report (OMR) is the exclusive source for official government statistics from all OECD countries, as well as selected non-OECD countries, together with both historical datasets and supply-and-demand forecasts for the year ahead.Featuring tables, graphs and statistics, the OMR provides all the data necessary to perform ad-hoc analysis and track oil market developments and to identify trends in production, consumption, refining, inventories in OECD countries and prices for both crude and products. The OMR is a subscription service, released around the middle of each month. Read the highlights…
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Event
10 Jul 2026
Oil Market Report – July 2026
Background information The IEA's monthly Oil Market Report (OMR) is the exclusive source for official government statistics from all OECD countries, as well as selected non-OECD countries, together with both historical datasets and supply-and-demand forecasts for the year ahead.Featuring tables, graphs and statistics, the OMR provides all the data necessary to perform ad-hoc analysis and track oil market developments and to identify trends in production, consumption, refining, inventories in OECD countries and prices for both crude and products. The OMR is a subscription service, released around the middle of each month. Read the highlights…
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Event
12 Aug 2026
Oil Market Report – August 2026
Background information The IEA's monthly Oil Market Report (OMR) is the exclusive source for official government statistics from all OECD countries, as well as selected non-OECD countries, together with both historical datasets and supply-and-demand forecasts for the year ahead.Featuring tables, graphs and statistics, the OMR provides all the data necessary to perform ad-hoc analysis and track oil market developments and to identify trends in production, consumption, refining, inventories in OECD countries and prices for both crude and products.The Annual Statistical Supplement 2026 Edition will be published in conjunction with the August OMR. The…
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News
17 Apr 2026
New podcast episode examines mounting disruptions in oil markets
…senior oil market analysts Rebecca Schulz and David Martin. They discuss the latest data, drawing from the IEA’s April Oil Market Report, and explore the real-world consequences for oil-consuming countries and industries – as well as how the situation has reshaped the IEA’s forecasts for supply and demand in the months ahead.The Everything Energy podcast offers perspectives on a wide range of leading global energy issues. In other recent episodes, IEA experts have discussed the Agency’s largest-ever emergency oil stock release, walked through 10 measures that could help shelter consumers from the effects of higher oil…