Back to News
Market Impact: 0.48

OPEC further lowers 2026 global oil demand growth forecast

Source: reuters.com

Energy Markets & PricesCommodities & Raw MaterialsEconomic Data
OPEC further lowers 2026 global oil demand growth forecast

OPEC cut its 2026 global oil-demand growth forecast to 380,000 barrels per day, marking its fifth consecutive downward revision. The downgrade signals weakening expectations for oil consumption growth and is bearish for crude-market fundamentals and oil-sector pricing.

AllMind Terminal

AI-powered research, real-time alerts, and portfolio analytics for institutional investors.

Request Trial

Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.35

More News

From AllMind Research

Browse all research