OPEC Cuts 2026 Oil Demand Growth Forecast to 400,000 bbl/d

• Monday, 12th October 2026
• by Mohammad Abdulwakeel

OPEC expects global oil demand to grow by 400,000 barrels per day (bbl/d) in 2026, down from its initial projection of 1.4 million bbl/for, as market developments over the course of the year have prompted a reassessme...