World News Opec Further Cuts World Oil Demand Forecasts Marketwatch
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OPEC Sticks to Oil Demand Forecast But Flags Fiscal Concerns, Lingering Trade Uncertainty
The Organization of the Petroleum Exporting Countries pointed to high debt levels in key economies and tariff uncertainty as areas of concern. Read More
OPEC Remains Upbeat on Global Oil Demand Growth
OPEC maintains its bullish forecast for global oil demand growth in 2025 and 2026, driven by robust economic activity and increased demand from emerging markets. Read More
Oil Demand Resilience Shines in OPEC's Latest Market View

OPEC’s latest Monthly Oil Market Report offered a steady and confident tone, keeping its global demand growth forecasts unchanged for both 2025 and 2026. The cartel continues to expect demand to rise ... Read More
OPEC points to smaller 2026 oil supply deficit as OPEC+ pumps more
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 outlook, which ... Read More
World oil market to see huge glut in 2026, IEA says

The world oil market faces an even bigger surplus next year of as much as 4 million barrels per day as OPEC+ producers and rivals lift output and demand remains sluggish, the International Energy ... Read More
OPEC, in major shift, says oil demand to plateau in late 2030s

World oil demand will plateau in the late 2030s and could by then have begun to decline, OPEC said on Thursday, in a major shift for the producer group that reflects the lasting impact of the ... Read More
-OPEC sees steeper oil demand drop as virus remains challenging

World oil demand will fall more steeply in 2020 than previously forecast due to the coronavirus and recover more slowly than expected next year, OPEC said on Monday, potentially making it harder for ... Read More
OPEC expects coronavirus to curb oil demand recovery into 2021

Global oil demand will rebound more slowly in 2021 than previously thought because of rising coronavirus cases, OPEC said on Wednesday, hampering efforts by the group and its allies to support the ... Read More
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