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OPEC lowers oil demand forecasts for 2026
VIENNA -- Global oil demand is forecast to grow by 800,000 barrels per day (bpd) in 2026 year-on-year, said a report released on Monday by the Organization of the Petroleum Exporting Countries (OPEC).
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tass.com
IEA improves global oil demand forecast, expects 1.047 mln bpd decline in 2026
The IEA noted that oil demand fell by 5.3 million bpd in May to 97.9 million bpd, hitting its lowest level this year
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IEA expects decline in global oil supply in 2026, but slightly improves forecast
Global supply is projected to fall by 3.7 million bpd this year to 102.6 million bpd
