The International Energy Agency (IEA) revised downwards its forecast for world oil demand in 2026. This revision represents a significant change from previous outlooks for the global energy sector.
The decline in oil demand is expected to concentrate mainly in middle distillates, which are fuels obtained through the petroleum distillation process. These products include various types of fuels used in both the industrial and transport sectors.
Petrochemical feedstocks are another segment where a drop in demand is expected. This sector is fundamental for the production of plastics and other materials derived from petroleum.
The Asia region is identified as the main center of this reduction in demand, which reflects changes in consumption patterns and the ongoing energy transition on that continent.



