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            • Oil Market Report - June 2026

              Fuel report — 17 June 2026

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                • News

                • 17 Apr 2026

                New podcast episode examines mounting disruptions in oil markets

                …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 prices, and explored how countries across Southeast Asia are feeling the effects of the current energy crisis.

                • News

                • 18 Jun 2026

                New podcast episode looks at impact of cooking fuel shortages on world’s most vulnerable

                Around the world, billions of people use liquefied petroleum gas, or LPG, to cook their meals. Today, many of those people are under substantial pressure, with global LPG supplies severely disrupted by the conflict in the Middle East.The latest episode of the IEA’s Everything Energy podcast explores this topic. Available on Apple Podcasts and Spotify, it features IEA energy analysts Marina Petrelli and Arthur Rogé, who discuss the latest developments in LPG markets – and what price increases and supply shortages have meant for vulnerable communities, particularly in emerging and developing economies. They also speak about the impact of the market turbulence on expanding…

                • News

                • 23 Mar 2026

                Executive Director meets with Prime Minister of Australia to discuss urgent energy challenges facing Asia-Pacific region

                …visit, Dr Birol also had a bilateral meeting with Australia’s Minister for Climate Change and Energy Chris Bowen to discuss the latest developments in oil and gas markets and steps the government’s response to the crisis. In Canberra, Dr Birol was invited to speak at a high-level event in the Great Hall of Australia’s Parliament House alongside Prime Minister Albanese. In his address to a distinguished audience of government and industry leaders, he highlighted how the IEA is working with countries around the world to support energy security in the face of the current major disruptions…

                • News

                • 08 May 2026

                Electrification can strengthen Portugal’s energy security and economic resilience

                …the International Energy Agency.Due to the rapid growth of solar PV in recent years, alongside continued contributions from hydropower and wind, Portugal’s electricity generation now has one of the lowest carbon intensities among IEA Member countries. This has strengthened the country’s energy security and reduced reliance on imports, according to the new Energy Policy Review by the IEA. However, greater progress on electrification of end uses in sectors such as transport, buildings and industry – as well as improvements in network infrastructure – will be required to fully realise these benefits while also reducing reliance on energy imports and…

                • News

                • 21 May 2026

                New podcast episode examines hydropower’s major role in electricity systems around the world

                …Yet despite its huge role in electricity systems around the world, it is often left out of conversations on energy.In the latest episode of the IEA’s Everything Energy podcast, renewable energy analyst Yasmina Abdelilah explains how the role of hydropower in electricity systems has evolved in recent decades. With electricity demand surging around the world, she highlights the benefits hydropower could deliver across both advanced and emerging economies and discusses what is needed to overcome key barriers. The episode is available now on Apple Podcasts and Spotify.The Everything Energy podcast offers insights and perspectives from the IEA on leading global energy issues…

                • News

                • 08 Jun 2026

                Luxembourg can enhance energy security and expand emissions reductions through integrated planning and targeted action

                …renewable power capacity to the grid and making the most of regional electricity markets. “At a time of renewed concerns about energy security and resilience, Luxembourg demonstrates how regional co‑operation, innovation and digitalisation can help build a stronger and more flexible energy system,” said IEA Executive Director Fatih Birol. “As the country moves forward, integrated planning and targeted measures in transport and buildings will be essential for meeting its goals.” “I would like to thank the International Energy Agency for organising this review. In a time of geopolitical instability and rapid technological change, energy policy must balance three goals: security…

                • News

                • 20 Mar 2026

                New IEA report highlights options to ease oil price pressures on consumers in response to Middle East supply disruptions

                …and I am in close contact with key governments around the world, including major energy producers and consumers, as part of our international energy diplomacy. In addition to this, today’s report provides a menu of immediate and concrete measures that can be taken on the demand side by governments, businesses and households to shelter consumers from the impacts of this crisis. It draws on the IEA’s decades of expertise in this field and highlights measures that have been proven to work in practice in different contexts. I believe it will be of use to governments around the world…

                • News

                • 11 Mar 2026

                IEA Member countries to carry out largest ever oil stock release amid market disruptions from Middle East conflict

                …amount of production.An average of 20 million barrels per day of crude oil and oil products transited the Strait of Hormuz in 2025, or around 25% of the world’s seaborne oil trade. Options for oil flows to bypass the Strait of Hormuz are limited.The IEA Secretariat will provide further details of how this collective action will be implemented in due course. It will also continue to closely monitor global oil and gas markets and to provide recommendations to Member governments, as needed. IEA Executive Director Dr Fatih Birol delivering his statement on the situation in global energy markets

                • News

                • 13 Apr 2026

                IEA and Mexico host latest edition of Energy Efficiency Policy Training Week

                …Secretary of Energy of Mexico. “The exchange of experience and knowledge will support the development of effective policies and programmes across the region.”“This Training Week comes at a time when the world is facing major energy supply disruptions. Energy efficiency is the one response that all countries have at their disposal to support energy users and build resilience for the future.” said Brian Motherway, Head of the IEA’s Office of Energy Efficiency and Inclusive Transitions. “The Training Week provides an opportunity for policymakers to share experience and identify practical approaches to advancing energy efficiency and energy transitions.”This…

                • News

                • 07 May 2026

                New podcast episode delves into evolving relationship between energy and AI

                …Energy podcast examines what the complex and critical relationship between energy and artificial intelligence looks like in 2026 and how it could continue to evolve in the years ahead.Now available on Apple Podcasts and Spotify, the episode features a conversation with Siddharth Singh and Thomas Spencer, the lead authors of a new IEA report on this subject. Based on the latest data and analysis, they discuss what has changed since they first appeared on the podcast to discuss energy and AI a year ago – from developments in AI technology and how it is used to the range of physical bottlenecks, including for energy…

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