EconomyOPEC keeps forecast for non-OPEC+ supply growth in 2026
OPEC maintained its forecast that liquid hydrocarbons production in non-OPEC+ countries will rise by 600,000 barrels per day in 2026, with Brazil, the United States, Canada and Argentina leading the increase. It also expects the same production growth in 2027. Global oil demand is forecast to rise by 200,000 barrels per day to 105.72 million barrels daily, then increase by about 2.6 million barrels per day year on year in 2027.
OPEC keeps forecast for non-OPEC+ supply growth in 2026