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Politics

Business : O&G Sector Remains Resilient Although IEA Slashes 2026 Oil Demand Outlook - MBSB IB

April 17, 2026
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Posted 2 hours ago by

KUALA LUMPUR, April 17 (Bernama) -- The oil and gas sector remained positive, although the International Energy Agency (IEA) has sharply revised its 2026 oil demand outlook from growth of 730,000 barrels per day (bpd) to a contraction of 80,000 bpd, reflecting what it described as the largest supply disruption in history.

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