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

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 ...

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 ...

For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its ...

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

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 ...

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 ...

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

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 International Energy Agency expects demand to rebound in 2027, but analysts question whether the Iran war could hasten a ...