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Monday, June 15, 2026 21:0 GMT
The Organization of the Petroleum Exporting Countries (OPEC) expects global oil demand to continue expanding this year and the next, supported by resilient economic growth, rising mobility and increased industrial activity across major emerging economies. In its June Monthly Oil Market Report, OPEC forecast global oil demand to grow by 1 million barrels per day (mb/d) year-on-year in 2026, with demand accelerating to 1.7 mb/d in 2027. The 2027 outlook was revised upward by about 200,000...More