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OPEC Raises 2027 Oil Demand View, Citing Need to Rebuild Stocks

Source: aawsat · 2026-10-13T07:00:00 UTC

OPEC on Tuesday raised its forecast for world oil demand growth in 2027, citing the need for the world to rebuild inventories that have been depleted by the Iran war. The Organization of the Petroleum Exporting Countries also lowered its forecast for 2026 oil demand growth, the report on OPEC's website showed, marking the sixth straight downward revision. OPEC also reported a jump in oil productio

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OPEC Raises 2027 Oil Demand View, Citing Need to Rebuild Stocks

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