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Oil Market Report - June 2026
The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Highlights Global oil demand is forecast to decline by 1.1 mb/d y-o-y in 2026. This represents a downgrade of 700 kb/d compared with our May Report, as 2Q26 deliveries plunged by 5 mb/d y-o-y in the face of higher…
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Autonomous vehicles
GEVO 2026 - Chapter 8 Progress in AI and computing power is disproportionately benefiting EVs, particularly for automated driving and integrated vehicle control. Sensors and chips integrate well with the stable, high-voltage power supply of EV batteries. Electric vehicles lead in automation and advanced driver assistance Driving automation is at the forefront of software developments for cars today. While fully autonomous cars (Level 5 automation)) are not currently in sight, electric driverless taxis (Level 4) are already operating commercially in more than 20 cities worldwide. Moreover, automated driving systems are not limited to self-driving cars – they are also rapidly gaining…
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Integrating Solar and Wind in Southeast Asia
Status and outlook for secure and efficient strategies Southeast Asia is experiencing one of the fastest electricity demand growths globally, with consumption set to double by 2050. While renewable deployment has accelerated in recent years, the region’s growing reliance on imported fossil-fuels for electricity generation, exposes countries to volatile fuel prices, potential supply disruptions and rising emissions. At the same time, the region possesses vast and diverse renewable resource potential. Variable renewable energy (VRE) - solar and wind - are now among the most cost-competitive generation options and are playing an increasingly important role in the region’s power…
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The Value of Demand Flexibility
Benefits beyond balancing This policy brief, developed under the International Energy Agency’s Digital Demand-Driven Electricity Networks (3DEN) Initiative, examines the value of demand flexibility as a core component of modern electricity systems, with a strong emphasis on its role in improving energy efficiency. As electricity demand grows and power systems become more electrified, decentralised and renewable-rich, managing when and how electricity is used is increasingly as important as expanding supply.The brief sets out a clear framework for understanding demand flexibility and highlights its contribution to an efficiency-first approach to power system planning and operation. By…
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India Bioenergy Market Report
Outlook for liquid and gaseous biofuels to 2030 As demand for renewable energy grows in India, liquid and gaseous biofuels are expected to be one of the fastest-growing markets, driven by significant feedstock potential and supportive policies. These fuels can provide low-emission energy in heat, electricity and transport. They can also be produced domestically reducing reliance on imported fossil fuels, improve energy security, and create economic development and employment opportunities.This report examines the current supply and demand of liquid and gaseous biofuels in India and their forecasted growth to 2030. It provides a detailed assessment of existing…
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Global EV Outlook 2026
The Global EV Outlook is an annual publication that identifies and assesses recent developments in electric mobility across the globe.Combining analysis of historical data with projections, the report examines key areas of interest, such as the deployment of electric vehicles and charging infrastructure, battery demand, and key policy developments in major and emerging markets. It also considers the implications of growing EV adoption for electricity and oil consumption, as well as greenhouse gas emissions.Amid the ongoing energy crisis sparked by the conflict in the Middle East, this edition includes early monthly data for 2026 and considers potential implications…
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Coal 2025
Analysis and forecast to 2030 Coal is a cornerstone of electricity generation in many countries as well as the single largest source of carbon dioxide emissions globally, placing it at the centre of international dialogues on energy. At a time of uncertainty and change for energy systems around the world, a range of different trends could shape coal markets in the years ahead.On the one hand, recent policy changes supporting coal could drive consumption higher, as could surging electricity demand in economies across the world, since two-thirds of global coal use today is for power generation. On the…
- Executive summary
- Demand
- Supply
- Trade
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Oil Market Report - June 2025
The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Highlights World oil demand is forecast to increase by 720 kb/d in 2025. This is marginally below last month’s estimate, as weak 2Q25 deliveries in the United States and China undercut resilience elsewhere. Growth in 2026, at 740 kb/d, will be held back by…
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Sheltering From Oil Shocks
Measures to reduce impacts on households and businesses The conflict in the Middle East has created the largest supply disruption in the history of the global oil market, due to the near halt in shipping traffic through the Strait of Hormuz. The loss of supply is having significant impacts in global markets, pushing up prices for crude oil above $100/barrel, and leading to much higher prices for some refined products – notably diesel, jet fuel and liquefied petroleum gas (LPG). Concerns are growing about the impacts of higher prices on households, businesses and the broader economy.In this report, the…
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Energy Transition Review for Enhancing Co-operation
The Philippines’ power sector This report is part of ongoing IEA collaboration with Asia Zero Emission Community (AZEC) partners to better understand the particular challenges these partners face in their energy transition and to provide a platform for co-operation among the AZEC partners. The report seeks to build a shared understanding of the challenges and opportunities facing the Philippine power sector, and to identify practical pathways that can help to strengthen its energy security, improve affordability and enable the country to achieve its long-term clean energy goals.This review has been prepared in collaboration with the Department of Energy…
