The Organization of the Petroleum Exporting Countries cut the expected global oil demand for 2026 again on Thursday. OPEC’s ...

OPEC Downgrades Forecast: OPEC's latest report reduces its 2026 oil demand growth projection to 970,000 barrels per day, a ...

OPEC on Thursday lowered its forecast for world oil demand growth in 2026 to 970,000 barrels per day, the producer group said ...

OPEC has lowered its projection for global oil demand growth in 2026 to 970,000 barrels per day, marking a second consecutive ...

Global demand is facing constraints because supply from the Persian Gulf has been effectively cut off by Iran's blockade of the Strait of the Hormuz.

OPEC has revised its world oil demand growth forecast for 2026 to 970,000 barrels per day, representing a consecutive ...

The Organization of the Petroleum Exporting Countries (OPEC) released its latest monthly oil market report on Thursday.

The Organization of the Petroleum Exporting Countries cut its oil demand estimates for this year as the U.S. blockade on Iran ...

In its latest Oil Market Report, the IEA agency said global oil demand growth has weakened substantially compared to the ...

OPEC is sticking to its view that the oil market will remain relatively tight through next year, with demand growth expected ...

The IEA said global oil inventories fell by 250 million barrels over March and April as supply losses mounted. Restricted tanker traffic through the Strait of Hormuz has shut in more than 14 million ...

OPEC has cut its 2026 oil demand growth forecast to 970,000 barrels per day, marking a second consecutive reduction amid ...