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OPEC further lowers 2026 global oil demand growth forecast | Reuters

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OPEC lowers 2026 global oil demand growth forecast to 580,000 barrels per day

OPEC reduced its forecast for 2026 world oil demand growth to 580,000 barrels per day, down from 780,000, marking the fourth consecutive downward revision. The adjustment was detailed in the organization's monthly report released Wednesday.

Aug 12, 2026·2 sourcesOil marketOPEC dynamicsCommodities, energy & critical mineralsInternational tradeEnergy markets
OPEC lowers 2026 global oil demand growth forecast to 580,000 barrels per day
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