1 Day
Source:
وكالة صدى نيوز
OPEC ups global demand forecast to 2.5 mbd by 2027
OPEC has raised its forecast for global oil demand growth in 2027 to 2.55 million barrels per day, up from 2.36 million barrels, in order to compensate for the inventories depleted during the war with Iran. Additionally, Saudi Arabia increased its production to 8.372 million barrels per day in September from 6.238 million in August. Meanwhile, Russia reduced its output by 38,000 barrels per day due to ongoing Ukrainian strikes that target energy infrastructure. This comes at a time when OPEC expects a slowdown in demand growth in 2026, amid continued geopolitical challenges and the ongoing war's impact on global oil markets.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)