Reported Earlier: 'OPEC Secretary General Haitham Al Ghais Says OPEC Has Revised down Its oil Demand Growth Forecast For this Year to 400K BPD From 1.4M BPD At The Start Of The year' - Reuters News
https://www.reuters.com/business/energy/opec-cuts-2026-oil-demand-growth-forecast-400000-bpd-sees-pent-up-demand-2027-2026-10-12/
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Why It Matters
OPEC thinks the world will use much less extra oil this year. This means oil prices might stay lower, which helps companies that use oil but hurts oil sellers.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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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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