IEA Says Coal Demand Hits Record While Traders Bet Hormuz Resolves
IEA forecasts record global coal demand in 2026 as Hormuz traffic collapses to 12 vessels. Oil traders pricing in peace - one position is catastrophically…
Kingdom Exploration · Market Intelligence
Daily analysis of the forces moving crude — supply, geopolitics, and the numbers behind the headlines.
4 articles Updated every morning
IEA forecasts record global coal demand in 2026 as Hormuz traffic collapses to 12 vessels. Oil traders pricing in peace - one position is catastrophically…
Cushing crude inventories collapsed below 20 million barrels in July 2026 - a 20-year low - while the IEA calls peak demand…
Norway beat May 2026 output forecasts by 7.2% while U.S. inventories cratered 6.1M barrels. The IEA's comfortable supply narrative is collapsing in real time…
IEA projects a 5M bpd surplus in 2027, but TotalEnergies, EIA inventory data, and Hormuz shipping paralysis expose the assumptions as fiction. Here is the…
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