- Entry
- $97.20
- Now
- $76.50 -21.3%
- Target
- —
- Score
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Source link: https://www.iea.org/reports/oil-market-report-may-2026 Listen up you beautiful regards, the IEA just dropped the May 2026 Oil Market Report and the numbers are absolutely spicy. While the suits on CNBC are going to panic about "contracting demand," if you actually have two brain cells to rub together, you’ll see the supply-side squeeze of the century is unfolding right now. World oil demand is forecast to contract by 420 kb/d y-o-y in 2026 to 104 mb/d, which is 1.3 mb/d less than …
— ORIGINAL POST ·
IEA MAY 2026 REPORT: DEMAND DIPS 420K (NICE), BUT SUPPLY IS CRATERING!
· r/wallstreetbets
· May 13, 2026