Risk of supply crisis, IEA lowers oil demand forecast

In its report, the IEA emphasized that in the context that the world is at risk of facing the biggest supply crisis in decades, the energy market The world is entering a critical period.

Based on the current situation, the IEA has lowered its forecast for world oil demand for this year to 99.7 million bpd.

The agency also warned that it is too early to assess the impact of the current political conflicts on the energy market. The IEA believes that the impact of the loss of oil exports from Russia to global markets should not be underestimated.

According to the IEA, the risk of large-scale disruption of oil production in Russia due to sanctions and restrictions on Russian exports by companies is likely to create an oil supply shock. mines globally.

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