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IEA Oil Market Report - July 2026 edition

10 July 2026 · All day · Energy event · Global

Outcome

The International Energy Agency (IEA) released its monthly Oil Market Report on July 10, 2026. Global oil supply rebounded to 98.8 mb/d in June, and Dated Brent crude, which had fallen to around $68/bbl in June, climbed back to roughly $77/bbl after hostilities resumed on July 7-8. The agency forecasts a full-year 2026 demand decline of about 1 mb/d, followed by 2027 growth of around 2 mb/d.

About this event

Status
released
dated crude price
about $77/bbl (after rising from ~$68/bbl in June)
june global supply
98.8 mb/d, up 4.1 mb/d m-o-m
2026 demand change
-1 mb/d full-year forecast
2027 demand growth forecast
+2 mb/d
Official source

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