IEA left its forecast for global demand growth for 2018 and 2019 unchanged from last month at 1.3 million barrels per day (bpd) and 1.4 million bpd, respectively
Major transformations were underway for the global energy sector, from growing electrification to the expansion of renewables, upheavals in oil production
Indian officials have flagged worries about the outlook for crude supply though oil producers have downplayed a potential shortfall
Contraction in global spending in 2015, 2016 and growing global demand may lead to a supply crunch