Event Brief
UPDATED May 14, 2026 at 1:00 AM ET
May 13, 2026 at 10:00 PM ET
Oil struggles as IEA warns volatility; OPEC cuts forecast
By The BriefBrief
OPEC cut its 2026 demand growth estimate while the IEA warned of greater volatility ahead.
WHO: OPEC
WHAT: OPEC reduced its 2026 oil demand growth forecast to about 1.2 million barrels per day
WHEN: May 13, 2026 at 9:51 PM ET
WHERE: Location not specified
WHY: The IEA flagged greater volatility ahead.
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