Global World News Opec Cuts 2025 Global Oil Demand Growth Forecast, Citing Us Tariffs
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OPEC shifts oil outlook to see small surplus in 2026
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 shift from its earlier ... 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 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
OPEC Holds Oil-Demand Forecast Steady While Pointing to Rising Global Inventories
The cartel’s estimates remain well above the International Energy Agency’s. Read More
Commodity Prices to Hit Six-Year Low in 2026 as Oil Glut Expands

WASHINGTON, October 29, 2025—Global commodity prices are projected to fall to their lowest level in six years in 2026, marking the fourth consecutive year of decline, according to the World Bank Group ... 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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