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Oil Market Report - August 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 Global oil demand is projected to increase by 680 kb/d in 2025 and 700 kb/d in 2026, to reach 104.4 mb/d. Despite weaker-than-expected demand in China, India and Brazil in recent months, annual growth of 600 kb/d in 2Q25…
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January Makamba
Minister of Foreign Affairs and East African Cooperation.
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The Future of Electricity in the Middle East and North Africa Executive summary
A cornerstone of global energy supply and, increasingly, demand The Middle East and North Africa (MENA) region is at a pivotal moment in its energy journey. The region has long been a cornerstone of the global energy system. In 2024, it supplied over 30% of the world’s oil and nearly 20% of its natural gas. At the same time, it is emerging as a major centre of electricity demand growth, driven by a rapidly expanding population, urbanisation, rising living standards, and accelerating climate pressures. Between 2000 and 2024, electricity demand tripled – increasing by more than 1 000 terawatt-hours (TWh…
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Lebanon
The government of Lebanon launched the "National Energy Efficiency and Renewable Energy Action" in 2010 a mechanism dedicated to the financing of green energy projects in the country. Private sector entities can apply for subsidised loans for any type of environmentally friendly projects.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Kuwait
Kuwait is wholly reliant on fossil fuels for energy generation and by 2030, its energy demand will triple. In order to diversify its energy mix, the country targets to increase the share of renewable generation to 15% by 2030.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Rare Earth Elements
Pathways to secure and diversified supply chains The critical role of rare earth elements in strategic applications, ranging from energy technologies and advanced electronics to aerospace and defence systems, combined with their highly concentrated supply chains, has elevated their importance in both energy and broader economic security discussions in recent years. This report assesses the current state of the rare earth elements market, examining demand and supply dynamics and key technological developments. It analyses the full value chain from mining to permanent magnet production, evaluates vulnerabilities across supply chains, and highlights the implications of potential supply disruptions. Based on these…
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Carbon Capture, Utilisation and Storage
Carbon Capture, Utilisation and Storage
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United Kingdom
The United Kingdom has been an early player in the energy transition, being among the first countries to set a net zero target by 2050 and to put in place carbon budgets. UK emissions have already fallen by around 50% since 1990, indicating a strong start. Looking ahead, an important pillar of the energy transition will be decarbonising the power sector through sizeable new investments in renewables and nuclear while also focusing on new technologies such as CCUS, hydrogen and small modular reactors. As a historic oil and gas producer, the UK is looking to address declining North Sea production…
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Global EV Outlook 2025
Expanding sales in diverse markets Global EV Outlook 2025: Expanding sales in diverse markets The Global EV Outlook is an annual publication that reports on recent developments in electric mobility around the world. It is developed with the support of members of the Electric Vehicles Initiative (EVI).The report draws on the latest data to assess trends in electric vehicle deployment, demand for their batteries and charging infrastructure. It considers recent policy developments and industry strategies shaping the outlook for electric vehicles in different markets. This edition features analysis of electric vehicle affordability, manufacturing and trade of electric cars and…
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Mafalda Silva
Former Statistics Manager.
