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            • Oil Market Report - June 2026

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            • Sheltering From Oil Shocks

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                • About page

                United Kingdom 2021 International collaborations - G7International collaborations - G7

                IEA Contributions to the G7 G7 Summit, Carbis Bay, 11-13 June At the G7 Summit in Cornwall, England in June 2021, the leaders of Canada, Germany, France, Italy, Japan, the United Kingdom, and the United States – plus the European Union – committed to reach “an overwhelmingly decarbonised” power system in the 2030s and net zero emissions across their economies no later than 2050.Under the UK Presidency, the G7 issued a communiqué in which it set out its net zero commitments and called on all coun...

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                Türkiye 2015 International collaborations - G20International collaborations - G20

                IEA Contribution to G20 IEA Executive Director Fatih Birol is third from left in the front row. (Photo courtesy of G20 Turkish Presidency, all rights reserved) IEA has played a critical role in supporting the energy discussions under the Türkiye Presidency of the G20 in 2015.IEA Executive Director Fatih Birol delivered keynotes at the G20 conference on Sub-Saharan Africa and Ministerial session on energy investment challenges, and launched the Medium-term Renewables Energy Market Report in the 2...

                • About page

                France 2026 International collaborations - G7International collaborations - G7

                IEA contributions to the G7 In 2026, France holds the Presidency of the Group of Seven (G7), with a focus on addressing global imbalances and creating mutually beneficial partnerships. France’s cross-cutting G7 priorities as announced by President Emmanuel Macron include: Resolving major geopolitical crises  Strengthening the resilience of critical mineral value chains Fighting against organized crime and illicit flows Establishing new rules for global governance &n...

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                Mission

                The IEA works with governments and industry to shape a secure, affordable and sustainable energy future for all

                • About page

                Joint Organisations Data Initiative International collaborationsInternational collaborations

                A reliable, freely accessible and global database of key oil and gas statistics The Joint Organisations Data Initiative (JODI) is a globally recognised collaborative effort delivering monthly standardised data on oil and gas production, consumption, stocks, and trade across major energy-producing and consuming countries. Supported by leading international organisations, JODI’s transparency initiative strengthens informed policy decisions, market monitoring, and energy security assessments for go...

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                Plan your trip

                Venue and travel Location International Energy Agency9 rue de la Fédération75015 Paris Cedex 15FranceGoogle Maps Transport Metro/RER Line 6: Bir-Hakeim station (3 minutes by foot) Lines 6, 8 and 10: La Motte-Piquet Grenelle (12 minutes by foot)RER C: Champ de Mars Tour EiffelBuses30, 42, 82 stops: Bir-Hakeim, Desaix, Champ de MarsPlan your itinerary via public transport: RATPBike rentalsAn alternative way to get around Paris is by hiring a bike, more information can be f...

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                Cross-cutting Technology collaborationTechnology collaboration

                Cross-cutting activities relevant to all energy sectors and sources including modelling, and women’s participation in clean energy

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                OPEC International collaborationsInternational collaborations

                Organization for Petroleum Exporting Countries The Organization for Petroleum Exporting Countries (OPEC) is an intergovernmental organisation created in 1960 with the objective of co-ordinating and unifying petroleum policies among OPEC Member Countries, to guarantee market stability.Each year, the IEA, the International Energy Forum (IEF) and OPEC organize a Symposium on Energy Outlooks as part of a joint work programme. The symposium gathers senior analysts and delegates from oil companies and...

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                Canada 2025 International collaborations - G7International collaborations - G7

                IEA Contributions to the G7 In 2025, Canada holds the Presidency of the Group of Seven (G7), which coincides with the 50th anniversary of the G7. Canada’s overarching G7 priorities as announced by Prime Minister Mark Carney include three areas:Protecting our communities and the world;Building energy security and accelerating the digital transition;Securing the partnerships of the future.The G7 Leaders met in Kananaskis (Alberta) on 15-17 June 2025 (Chair’s Summary). Among several G7 joint statem...

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                Oil security and emergency response

                Ensuring quick and effective response to major supply disruptions Ensuring energy security has been at the centre of the IEA’s mission since its creation in 1974, following the oil crisis in 1973. Today, the global oil market remains vulnerable to a wide range of risk factors, including natural disasters, major technical accidents, and geo-political tensions. As oil is expected to remain a major component of global energy demand for the coming decades, particularly for the transportation sector,...

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