OPEC Downgrades 2026 Global Oil Demand Growth Forecast to 580,000 Bpd - Report

NAMPA / Sputnik

2026-08-12

MOSCOW, August 12 (RIA Novosti) - OPEC has downgraded its forecast for the global oil demand growth in 2026 to 580,000 barrels per day, according to its new report released on Wednesday. According to the tables in the report, demand growth in 2026 is expected to reach 580,000 barrels per day, which is 200,000 barrels per day lower than the July forecast of 780,000 million. OPEC believes that global demand this year may reach 105.74 million bar......

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