OPEC is adjusting its forecast to a changed environment, but it clearly believes that change will be temporary.

OPEC cut its 2026 oil demand growth forecast by 190,000 bpd for the third straight month. Here's what softer energy costs ...

OPEC has trimmed its 2026 global oil demand growth forecast for the third straight month, even as crude production rebounds ...

OPEC has lowered its global oil demand growth forecast for the current year for the third straight month, while raising its ...

OPEC on Monday lowered its forecast for world oil demand growth in 2026 ​to 780,000 ​barrels per day, a copy of its monthly report showed, marking the third straight downward revision. The producer ...

The Organization of the Petroleum Exporting Countries further lowered its global oil-demand growth forecast for this year, as ...

Growth of approximately 40,000 bpd is expected in OECD countries, while non-OECD countries are projected to see an increase of around 0.74 million bpd ...

The Organization of the Petroleum Exporting Countries (OPEC) released its June International Oil Market Report, making ...

Stock futures were mostly lower, with AI stocks selling off as investors questioned whether the dizzying trade that has powered markets this year has more room to run. OPEC Further Cuts This Year's ...

Renewed strikes by the US and Iran have cast fresh doubt over expectations that oil demand will recover later this year, as the conflict threatens shipping in the Strait of Hormuz. The International ...

The international crude price climbed nearly 10% as President Trump said he would reimpose the U.S. blockade. U.S. Launches New Iran Strikes, as Trump Weighs Attacking Nuclear Site The president ...

IEA surplus forecast risk - AI demand, semiconductor growth, and cloud expansion trends. The International Energy Agency (IEA) has cast doubt on the widely anticipated oil surplus in 2027, introducing ...