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The organization now expects it to reach 400,000 barrels per day, compared to 1.4 million barrels per day at the beginning of the year.
By Staff WriterThe Organisation of the Petroleum Exporting Countries (OPEC) has lowered its forecast for global oil demand growth in 2026 to 400,000 barrels per day, down from an estimate of 1.4 million barrels per day at the beginning of the year.Haitham Al Ghais, OPEC Secretary-General, said the…
OPEC expects global oil demand to increase by 400,000 barrels per day in 2026, which is lower than the organization's forecast at the beginning of the year, Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) Haitham Al Ghais said on the sidelines of the World Petroleum Congress (WPC…