World News Opec Further Cuts World Oil Demand Forecasts Marketwatch
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OPEC Holds Firm on Bullish Oil Demand Outlook for 2026
OPEC's latest monthly report maintains a forecast for solid global oil demand growth of 1.4 million barrels per day in 2026, leading to an expected balanced market. Read More
OPEC Data Indicate Close Oil Supply-Demand Balance in 2026, No Glut
LONDON, Dec 11 (Reuters) - World oil supply will match demand closely in 2026, OPEC data published on Thursday indicated, an outlook contrasting with projections from the International Energy ... Read More
OPEC says OPEC+ raised output in November, leaves demand view steady
OPEC said on Thursday that the wider OPEC+ oil producer group nudged up output in November as eight OPEC+ members pressed ahead with another production increase, and it maintained forecasts for ... Read More
Oil prices fall more than $2/bbl as OPEC says 2026 supply to match demand
HOUSTON (Reuters) -Oil prices fell more than $2 a barrel on Wednesday, weighed down by an OPEC report saying global oil supply will match demand in 2026, marking a further shift from its earlier ... Read More
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
IEA Cuts Forecast of Record Oil Glut for 1st Time Since May
The International Energy Agency trimmed estimates for a global oil supply surplus this year and next for the first time in several months. Read More
OPEC shifts oil outlook to see small surplus in 2026
LONDON, Nov 12 (Reuters) - The world oil market will see a small surplus in 2026 after OPEC+ production increases and higher supply from other producers, an OPEC report showed on Wednesday, a further ... Read More
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