Economy News Opec Sees Healthy Growing Global Economy
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Oil prices plunge as OPEC forecasts supply matching demand in 2026, no longer sees deficit
Crude oil prices fell by the most in a month Wednesday, pressured by mounting concerns of an oversupplied global market after OPEC said it now expects a balanced market in 2026, altering its earlier ... Read More
OPEC Reaffirms Global Oil Demand Growth Of 1.3 Million BPD This Year
・Oil production in October slipped by 73,000 bpd to 43.02 million barrels per day. ・OPEC reaffirmed its forecast of global oil demand growth of 1.3 million barrels per day this year. ・OPEC trimmed ... Read More
Despite US trade war, OECD expects global economy will grow 3.2% this year
The 38-country OECD now forecasts that the world economy will grow 3.2% this year, down a tick from 3.3% in 2024 but an improvement on the 2.9% it had predicted for 2025 back in June. The organization ... Read More
OPEC Points to Smaller 2026 Oil Supply Deficit as OPEC+ Pumps More
LONDON (Reuters) -World oil supply is expected to closely match demand next year as the wider OPEC+ group increases production, an OPEC report showed on Monday, marking a change from last month's ... Read More
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