EconomyOPEC cuts 2026 oil demand growth forecast to 400,000 bpd

OPEC has lowered its forecast for oil demand growth this year to 400,000 barrels per day, from 1.4 million bpd at the start of the year. Secretary General Haitham Al Ghais said the revision reflects developments throughout the year, with pent-up demand expected in 2027.

OPECoil demanddemand forecast

RReuters★★★☆☆2026-10-12 12:00Original