Coverage dated August 13, 2026

Oil prices decline as IEA forecasts a decline in demand

Headline from UPI

The price of crude is on the decline on Thursday after the International Energy Agency projected a decline of 1.6 billion barrels per day in demand.

UPI's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Reports & sources

3 articles, oldest first.

Oil Price
Oil Prices Fall as OPEC and IEA Slash 2026 Demand Outlooks (opens Oil Price)
Published Aug 13, 2026
Oil Price's feed description
Despite the ongoing stalemate in the U.S.-Iran talks and persistent risks to shipping in the Middle East, oil prices fell in Asian trading on Thursday, weighed down by cuts to 2026 oil demand forecasts from both OPEC and the International Energy Agency. Brent Crude prices dropped by 0.
UPI
Oil prices decline as IEA forecasts a decline in demand (opens UPI)
Published Aug 13, 2026
UPI's feed description
The price of crude is on the decline on Thursday after the International Energy Agency projected a decline of 1.6 billion barrels per day in demand.
Investor's Business Daily
OPEC And IEA Each Took A Knife To 2026 Oil Demand Outlooks. How Bad Are They Really? (opens Investor's Business Daily)
Published Aug 13, 2026
Investor's Business Daily's feed description
Oil prices fell Thursday after OPEC and the IEA lowered demand forecasts.