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World News Opec Further Cuts World Oil Demand Forecasts Marketwatch

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World News Opec Further Cuts World Oil Demand Forecasts Marketwatch | RobinsPost News & Noticias

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

Global Oil Demand Surged in September


Global oil demand and exports surged in September, but rising supply and a massive inventory buildup are weighing on prices, which are expected to drop further amid fears of a market surplus. 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 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


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