The Expat Edge

IEA Oil Demand Contraction 2026: What Expats in Asia Must Know

IEA Oil Demand Contraction 2026: What Expats in Asia Must Know

Published on: 15/04/2026

The IEA forecasts the first global oil demand contraction since COVID. Here's what the 1.5M bpd Q2 decline means for expat portfolios and cost of living in Asia.