IEA
Britishabbreviation
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Also on the bullish side, the IEA raised its demand forecast again, he says, while there’s been a “deafening silence” on Iran the past few days.
The IEA lifted its forecast for global oil-demand growth owing to an improved economic outlook and lower crude prices.
The IEA now expects demand to grow by 930,000 barrels a day this year, up from 860,000 barrels a day projected previously.
Sentiment has been boosted by a slightly more positive outlook from the IEA, ANZ Research analysts say in a research report.
“A further decline in global oil supply in December continued to chip away at the market surplus that has built up since the start of 2025,” the IEA said in its closely watched monthly report.
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