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News 2026-10-13 12:10 UTC

UPDATE 1 — OPEC raises 2027 oil demand view, citing need to rebuild stocks

(Changes source to report on OPEC's webiste in paragraph 2) Oct 13 — 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