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OPEC Downgrades 2026 Global Oil Demand Growth Forecast

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Insights by Echo AI

OPEC has consistently lowered its forecast for global oil demand growth in 2026, with the latest revision placing it at 580,000 barrels per day (bpd). This is a significant reduction from the previous forecast of 780,000 bpd. The organization attributes this change to revised expectations for demand in OECD countries, China, and India. Despite the downgrade, OPEC has increased its forecast for oil demand growth in 2027 to 2.2 million bpd.

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25 Sources

  1. FinancialJuice avatar

    FinancialJuice

    X / Twitter / @financialjuice

    OPEC cuts 2026 global oil demand growth forecast to 580,000 barrels pe...

  2. TASS avatar

    TASS

    RSS / @tass.ru/rss/all.xml

    ОПЕК снова ухудшила прогноз по росту спроса на нефть в мире в 2026 год...

  3. FinancialJuice avatar

    FinancialJuice

    X / Twitter / @financialjuice

    OPEC raises 2027 global oil demand growth forecast to 2.16 million bpd...

  4. RIA Novosti avatar

    RIA Novosti

    RSS / @ria.ru/export/rss2/index.xml

    ОПЕК ухудшила прогноз по росту мирового спроса на нефть в 2026 году

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