S&P Global Energy cut its 2026 global oil demand forecast by 700,000 barrels per day, citing the U.S.-Iran war and second-quarter demand disruption. The revision reflects weaker demand and supply disruption risk tied to Middle East energy flows. The outlook is negative for oil demand expectations and could pressure energy sentiment across the sector.
S&P Global Energy cut its 2026 global oil demand forecast by 700,000 barrels per day, citing the U.S.-Iran war and second-quarter demand disruption. The revision reflects weaker demand and supply disruption risk tied to Middle East energy flows. The outlook is negative for oil demand expectations and could pressure energy sentiment across the sector.
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moderately negative
Sentiment Score
-0.45
