OPEC on Wednesday lowered its forecast for global oil demand growth in 2026, joining other forecasters such as the International Energy Agency in cutting

VIENNA - The Organization of the Petroleum Exporting Countries (OPEC) announced on Wednesday that the global oil demand is forecast to grow by a "healthy" 1.2 million barrels per…

The agency thus worsened its demand forecast by 334,000 bpd compared with its April expectations, when the IEA projected a decline of 84,000 bpd