EIA Maintains 2026 Global Liquid Hydrocarbon Demand Decline Forecast

The U.S. EIA reaffirmed its forecast that global liquid hydrocarbon demand will fall by 2.03 million b/d to 102.38 million b/d by end-2026. This continues a previously projected downtrend, with no new deviation from prior estimates. The decline signals softening global energy demand, potentially pressuring oil prices and influencing producer output decisions.

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