IEA

abbreviation

1. International Energy Agency

Example Sentences

That’s roughly three-quarters of all renewable-energy capacity, per the IEA.

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The Paris-based IEA raised its 2025 and 2026 estimates for both global crude demand and supply, which resulted in a slight increase in its expected oil surpluses.

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The IEA said the decision could have "the most far-reaching impact yet on global oil markets".

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"Global oil market balances are looking increasingly lopsided, as world oil supply is forging ahead while oil demand growth remains modest by historical standards," the IEA said.

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Based on the IEA's upward revision, global oil supply is now expected to grow by 3.1 million bpd in 2025 and by another 2.5 million in 2026.

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