Oil demand decline of 1M b/d confirmed by year-end 2026

The IEA's forecast of a 1M b/d annual decline in oil demand will be validated by December 31, 2026, based on refined product supply data. The Strait of Hormuz remains open, and U.S.-Iran tensions do not escalate further.

macro · Prediction Market

Implied probability (Yes)

75%

Closes

2026-12-31

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