23 Hrs
وكالة صدى نيوز
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وكالة صدى نيوز

2026-11-12T00:00:00.000Z

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OPEC Holds Demand Outlook

OPEC Holds Demand Outlook

OPEC expected the oil market to remain stable and left its forecasts for global demand growth unchanged: 200,000 barrels per day in 2026 and 2.6 million barrels per day in 2027. OPEC+ production rose by 2.035 million barrels per day in October, reaching 41.23 million, driven mainly by higher OPEC output. Saudi Arabia recorded the largest increase, at 1.18 million barrels per day. The recovery in supply helped push oil prices down amid weak consumption.

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