In 1st look at 2026, OPEC predicts ongoing oil demand growth

OPEC Sticks to Oil-Demand View
The Vienna-based cartel retained its oil demand forecast for this year after a series of cuts and projected broadly stable growth into 2026.
In first look at 2026, OPEC predicts ongoing oil demand growth
OPEC forecast on Wednesday world oil demand in 2026 will rise at a similar rate to this year, while reducing its figure for 2024 for a sixth time, following economic weakness in China, the world's biggest importer of oil.
IEA and OPEC oil market reports are out – ING
Yesterday both the IEA and OPEC released their monthly oil market report, ING’s commodity analyst Warren Patterson and Ewa Manthey note.
OPEC Sees Steady Oil Demand Growth in First Look at 2026
OPEC forecast another year of steady oil demand growth, driven by India and China, in its first detailed assessment of 2026.
OPEC predicts ongoing oil demand growth to continue in 2026
OPEC, in a monthly report, said demand will rise by 1.43 million barrels per day in 2026, a similar rate to the growth of 1.45 million bpd expected this year. The 2026 prediction is OPEC's first in its monthly report.
IEA Expects Oil Demand Growth to Accelerate But Still Projects Surplus
The International Energy Agency anticipates an acceleration in global oil-demand growth this year on lower prices and an improving economic outlook in developed countries, but still expects the market to be in surplus.
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