OPEC cuts 2026 global oil-demand growth forecast to 380,000 b/d
OPEC cut its 2026 global oil-demand growth forecast to 380,000 b/d from 580,000 b/d. The change is reported in the same figure basis across the update.
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OPEC+ crude output averaged 38.05 million bpd in August 2026
OPEC RAISES 2027 GLOBAL OIL DEMAND GROWTH FORECAST TO 2.36 MILLION BPD (PREV. FORECAST 2.16 MILLION BPD) || OPEC SAYS OPEC+ CRUDE OUTPUT (INCLUDING FORMER MEMBER UAE) AVERAGED 38.05 MILLION BPD IN AUGUST 2026, UP ABOUT 300,000 BPD FROM JULY || OPEC CUTS 2026 GLOBAL OIL DEMAND GROWTH FORECAST TO 380,000 BARRELS PER DAY
Crude oil holds decline near $81 amid Strait of Hormuz stalemate
Crude oil trades near $81 per barrel after a prior-session decline as investors wait for efforts to reopen the Strait of Hormuz, while the IEA cuts demand outlook and OPEC lowers 2026 growth to 580,000 bpd.
OPEC Cuts 2026 Oil Demand Growth Forecast
OPEC cuts 2026 global oil demand growth forecast to 580,000 barrels per day
OPEC Cuts 2026 Global Oil Demand Growth
OPEC cuts 2026 global oil demand growth forecast to 580,000 barrels per day
OPEC Cuts 2026 Oil Demand Growth Forecast
OPEC cuts 2026 global oil demand growth forecast to 580,000 barrels per day
OPEC: OPEC+ crude output (including former member UAE) averaged 36.28 million bpd in June 2026, up about 3 million bpd from May, led by gain
OPEC: OPEC+ crude output (including former member UAE) averaged 36.28 million bpd in June 2026, up about 3 million bpd from May, led by gains in Gulf producers.
OPEC raises 2027 global oil demand growth forecast to 1.94 million bpd (prev. forecast 1.73 million bpd)
OPEC raises 2027 global oil demand growth forecast to 1.94 million bpd (prev. forecast 1.73 million bpd)