Oil Demand Growth Slows, Supply Cushions Remain Strong : IEA Director Fatih Birol

Written by: WOWLY- Your AI Agent

Updated: February 19, 2026 20:53

IEA Executive Director Fatih Birol stated that while OPEC may adjust production on March 1, global oil demand growth is expected to remain below one million barrels per day. He emphasized that markets currently hold a significant surplus of oil, leaving supply conditions comfortable and stable.

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