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Oil Market Report - April 2026
The April edition of the IEA’s Oil Market Report is exceptionally provided free of charge in an abridged format.For access to the full report, subscribers can visit their Products page.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. Listen to the most recent episode of the Everything Energy podcast with senior oil market analysts…
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World Energy Investment 2026 Regional dashboards
Despite the destabilising effect of the Middle East conflict, capital flows to the energy sector are expected to grow to USD 3.4 trillion in 2026, a 5% rise from 2025, mainly from China, the US, and the EU. Clean energy investment grows to USD 2.2 trillion, almost double that of fossil fuels. Investment in clean energy increases year-on-year by 7% in advanced economies and in China, while 4% in other emerging markets, reflecting regional differences with a shared focus on energy security.
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Kyrgyzstan
Kyrgyzstan’s hydro-rich energy sector is characterised by aging infrastructure and significant losses, which are exacerbated by a combination of weather-related shocks and growing demand. Energy policy aims to improve energy security by developing indigenous energy sources and rehabilitating and expanding transmission and distribution networks. Developing sustainable energy and improving energy efficiency are also priorities, while slowly removing subsidies will allow for further investment and expansion of domestic resources. Kyrgyzstan is part of the EU4Energy Programme, which is focused on evidence-based policymaking in the energy sector.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Global Energy and Climate Model Net Zero Emissions by 2050 Scenario (NZE)
The International Energy Agency (IEA) was asked by the COP26 Presidency in 2021 to give an indication of what achieving the 1.5 °C goal would mean for the energy sector. Responding to this request, the Net Zero Emissions by 2050 Scenario (NZE Scenario) was developed. It represents a global pathway towards the goal of limiting global warming to 1.5 °C, but not the only possible one. The IEA has always been clear that there are various paths to reach this objective and that each country will have its own route. Since 2021, the IEA has updated its NZE Scenario each year…
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Indonesia
…2000. Those remaining without access in Indonesia are concentrated in a number of provinces, including East and Central Java, East Nusa Tenggara and Papua.
This underscores that there is no uniform solution to meeting Indonesia’s energy access targets, and that a great deal of pragmatism and flexibility will be needed to meet its goal of universal access by 2024. In recognition, the plans introduced by the government of Indonesia are multi-dimensional; they include the extension of the existing grid, promoting micro-hydro and off-grid solar technologies as well as solar-diesel hybrid and isolated diesel generators. While…- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Global EV Outlook 2026 Trends in other EV modes
…supported the switch to electric trucks, especially in the steel and cement sectors. In addition, Stage 4 heavy-duty vehicle (HDV) fuel consumption standards came into effect in July 2025, requiring a 12-16% improvement compared to Stage 3 by including stricter fuel consumption limits, adjusting the testing procedure and expanding coverage.Sales of electric HFTs in China reached an impressive 28% of total HFT sales in 2025, up from 13% in 2024. exceeded 50%In December 2025, the EV sales share reached around 50% for the first time, reflecting an end-of-year surge in sales as fleet purchasers anticipated tha...
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Lithuania 2025 Executive summary
…is positive, the pace is not yet sufficient to meet its 2030 renewable electricity capacity targets of 4.5 gigawatts (GW) onshore wind, 1.4 GW offshore wind and 4.1 GW solar photovoltaic (PV) power plants. Onshore wind is being built without subsidies, but market conditions need to be monitored, and policy action taken if they become less favourable. Offshore wind progress is more uncertain, and Lithuania was not the only country to see an offshore wind auction cancelled in 2024 resulting from a lack of bidders – a sign that investors need greater policy and financial certainty. Beyond renewables, Lithuania is consider...
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Global EV Outlook 2026 Executive summary
After another record year for EV sales, attention is turning to the impacts of the energy crisis for global car markets Electric car sales grew by 20% globally to exceed 20 million in 2025, meaning one-quarter of all new cars sold were electric. Europe saw the strongest growth among major electric vehicle (EV) markets, with electric car sales rising by more than 30% to reach 28% of total sales, following an increase in the stringency of the European Union’s CO2 standards for cars. China’s growth in electric car sales slowed slightly, in part due to a temporary…
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Iraq
Iraq holds abundant oil and gas resources and has strong solar PV potential. Its production to 2030 is set to be third largest contributor to global oil supply. By the same year, the government expects that renewable capacity will amount for 5% of the country’s total system capacity.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Poland
Poland’s energy system has seen progress on energy transition, despite its reliance on domestic hard coal and lignite. For example, Poland has one of the fastest growing solar PV markets in the European Union and has also seen a strong uptake of heat pumps. Poland is pushing to become a major player in offshore wind, aiming for at least 3.4 GW of capacity by 2030. However, stronger efforts are needed across all sectors to accelerate energy transition and Poland would benefit from greater electricity interconnections with the rest of Europe.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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