World Oil Production Expected to Increase to 105.8 mmbl/d in 2025: IEA

• Thursday, 11th September 2025
• by Fatma Ahmed

The International Energy Agency (IEA) forecasted a rise in global oil production by 2.7 million barrels per day (mmbl/d), to record 105.8 mmbl/d in 2025, as a reflection of the OPEC+ decision to ease back its earlier ...

IEA Cut Oil Demand Expectations for 2025

• Wednesday, 16th April 2025
• by Fatma Ahmed

The International Energy Agency (IEA) announced that global oil demand growth forecast for 2025 has been revised down to 730,000 barrels per day (bbl/d), a decrease of 300,000 bbl/d from the March report. The agency s...

Iran’s Oil Production Reached 2.87 mmbbl/d in May 2023

• Monday, 10th July 2023
• by Fatma Ahmed

The International Energy Agency (IEA) announced that Iran has recorded oil production 2.87 million barrels per day (mmbl/d) in May 2023, IRNA reported.  According to IEA’s report, Iran’s crude oil production inc...

IEA Raises Projections for Oil Demand

• Wednesday, 13th September 2017
• by Egypt Oil & Gas

The International Energy Agency (IEA) increased its growth estimate for global oil demand in 2017 to 1.6 million barrels per day (b/d) from 1.5 million b/d, Economic Times reports. The agency revised its estimate afte...

OPEC Produced 33.64mb/d of Crude in September

• Tuesday, 18th October 2016
• by Egypt Oil & Gas

Crude oil output in OPEC reached a new record of 33.64mb/d during September, causing crude oil prices to drop back down after reaching a 12-month high of above $53 per barrel as a result of reports that OPEC had agree...