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OPEC cuts oil demand forecast again as Strait of Hormuz closure continues
OPEC's June report showed a slightly downward trend of the forecasted oil demand across the world for the rest of 2026.
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economictimes.indiatimes.com
OPEC oil output lowest since at least 2000 as US blockade squeezes Iran: Report
OPEC oil output in May plummeted to its lowest in over two decades, dropping by 1.06 million barrels per day. This significant decline was primarily driven by a U.S. naval…
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OPEC again lowers 2026 global oil demand growth forecast
OPEC has reduced its 2026 oil demand growth forecast to 970,000 barrels per day. This marks a second consecutive cut. The group sees less impact from the Iran war than other…
