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OPEC Further Lowers 2026 Global Oil Demand Growth Forecast


These translations are done via Google Translate

 

Reuters


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Sept 10 – OPEC on ‌Thursday lowered its forecast for world oil demand ​growth in 2026 ​to 380,000 barrels per day, ⁠a copy of ​its monthly report showed, marking ​the fifth straight downward revision.

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The producer group continues to ​see a smaller impact ​on consumption since the Iran war ‌started ⁠than other forecasters, such as the International Energy Agency, which expects demand ​to ​decline ⁠in 2026.

The Organization of the Petroleum ​Exporting Countries also raised ​its ⁠forecast for 2027 oil demand growth, according ⁠to ​the report on its ​website.

Reporting by Reuters; Editing by Tomasz ​Janowski and Louise Heavens

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