World News Opec Further Cuts World Oil Demand Forecasts Marketwatch
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Oil prices plunge as OPEC forecasts supply matching demand in 2026, no longer sees deficit
Crude oil prices fell sharply, pressured by mounting concerns of an oversupplied market after OPEC said it now expects a balanced market in 2026, altering its earlier forecast of a deficit. Read More
Oil prices fall more than $2/bbl as OPEC says 2026 supply to match demand
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 projections of a supply ... Read More
OPEC Sticks to Oil Demand Forecast But Flags Fiscal Concerns, Lingering Trade Uncertainty

The Organization of the Petroleum Exporting Countries left its oil-demand forecasts steady as it works to revive more production, but pointed to fiscal concerns and persistent trade uncertainties. The ... Read More
OPEC Holds Oil-Demand Forecast Steady While Pointing to Rising Global Inventories
The Vienna-based cartel expects global oil demand to grow by 1.3 million barrels a day this year and 1.38 million barrels a day the next, as the global economy is projected to maintain steady growth. Read More
World oil and gas demand could grow until 2050, IEA says
Global oil and gas demand could grow until 2050, the International Energy Agency said on Wednesday, departing from previous expectations of a speedy transition to cleaner fuels following U.S. Read More
OPEC Chief: The World Needs $18.2 Trillion in Oil and Gas Investment

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. OPEC Secretary General Haitham Al Ghais emphasizes the critical need for ... Read More
So long, peak oil: World demand could now grow until 2050, a top agency says

Global demand for oil and natural gas could grow until 2050, the International Energy Agency said Wednesday, departing from previous expectations of a speedy transition to cleaner fuels following ... Read More
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