OPEC Lowers 2026 Global Oil Demand Growth Forecast From 780K Barrels/Day To 580K Barrels/Day; Raises 2027 Global Oil Growth Forecast From 1.94M Barrels/Day To 2.16M Barrels/Day
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Why It Matters
OPEC thinks the world will need less oil next year than they thought before, but more oil the year after that. This mixed news means people aren't sure yet if oil companies will have a great year soon or just an okay one.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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