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Oil Market Report - July 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 growth is forecast to increase by 700 kb/d in 2025, its lowest rate since 2009, with the exception of the 2020 Covid year. Annual growth eased from 1.1 mb/d in 1Q25 to just 550 kb/d in 2Q25, with emerging…
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Energy Efficiency 2025 Transport
How and where is energy used? Total final consumption in 2024 was over 450 EJ and has grown by around 25 EJ since 2019. Transport accounts for around 30% of global energy demand and have contributed around 10% of the growth in total demand since 2019. Road transport accounts for nearly 90% of total domestic energy demand. The remaining 10% is split between domestic aviation, domestic shipping and rail.In advanced economies, passenger cars dominate road transport demand, accounting for around 65% of the transport energy use. Trucks make up most of the remainder. Buses play a minor role in energy demand…
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Global Methane Tracker 2026 Regional insights
Central and South America The fossil fuel sector in Central and South America emitted just under 8 million tonnes (Mt) of methane in 2025, around half of which was from oil and gas facilities in Venezuela. Oil and gas facilities are the main sources of methane emissions in Venezuela, Argentina and Brazil, whereas in Colombia emissions are split roughly evenly between coal mining and oil and gas activities. In Venezuela, the upstream methane emissions intensity of oil and gas operations is nearly six times the global average, and flaring intensity is around 12 times higher. The intensities of operations in Argentina…
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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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Renewables 2025
Analysis and forecasts to 2030 Renewables 2025 Renewables 2025 is the IEA's main annual report on the sector. It presents the latest forecasts and analysis, based on recent policy and market developments, while also exploring key challenges and opportunities facing the sector.This year’s edition provides forecasts for the deployment of renewable energy technologies in electricity, transport and heat through 2030. It also examines notable developments in key areas of the sector, including policy changes, manufacturing trends, and the financial health of different parts of the industry.
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What Next for the Global Car Industry Policy and strategic actions
Highlights As global electric car markets grow, countries that are home to car manufacturing operations are faced with the challenging task of ensuring that the industry retains its domestic footprint and international revenues, or even expands downstream to become a larger supplier of final products that add more value to the economy. Among other factors, uncertainty about the pace of electrification and the cost gap with Chinese production mean most countries face tough choices as they pursue near- and long-term strategies to boost industrial competitiveness.Where the car industry aims at pursuing electrification strategies, there are public and private…
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Global Energy and Climate Model Current Policies Scenario (CPS)
The 2025 edition of the World Energy Outlook (WEO) reintroduces the Current Policies Scenario (CPS). It was a regular feature of the International Energy Agency suite of scenarios until the WEO-2020, when it was discontinued amid turmoil in energy markets and rapid changes in the policy landscape during the Covid-19 pandemic. Now that the world has passed through the pandemic and the global energy crisis triggered at the outset of the Russian invasion of Ukraine, there is merit in revisiting the CPS. The scenario relies only on measures that are formally written into existing legislation and regulation, and…
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Oil Market Report - October 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 rose by 750 kb/d y-o-y in 3Q25, as petrochemical feedstocks led a rebound from 2Q25’s tariff-afflicted 420 kb/d pace. Still, oil use will remain subdued over the remainder of 2025 and in 2026, resulting in annual gains…
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Coal 2025 Investments in coal projects and emissions abatement
New projects increase the capacity of the project pipeline Forthcoming export-oriented coal projects in our database have a total capacity of 493 Mtpa at the time of writing, 63 Mtpa higher than in our previous report. This increase in the project pipeline is due to improved research on Indonesia rather than more projects actually being developed. This report classifies projects as either more advanced or less advanced based on whether they have received the necessary approvals and permits in their respective countries. The capacity of less-advanced projects declined from 275 Mtpa to 210 Mtpa. Some projects failed to obtain environmental approvals due…
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China’s Official Energy Finance in Emerging and Developing Economies Case studies
China’s outbound energy engagement spans a wide range of technologies, financing structures and institutional actors. While aggregate trends reveal a system that is becoming more diversified, risk-sensitive and commercially oriented, the specific pathways through which Chinese capital supports energy transitions in EMDE become clearer when examined at the project level.The following case studies illustrate this diversity in practice, from large-scale renewable deployment and grid modernisation to industrial decarbonisation, equity participation in regional infrastructure platforms and upstream resource development. Together, they show how different parts of China’s official financing system interact with local conditions, how technical…
