Thursday, June 11, 2026
OPEC again lowers 2026 global oil demand growth forecast- oil and gas 360

OPEC again lowers 2026 global oil demand growth forecast

(Reuters) – OPEC on Thursday lowered its forecast for world oil demand growth in 2026 to 970,000 barrels per day, the producer group said in its monthly report, marking the second straight downward revision. The group continues to see a smaller impact on consumption since the Iran war started than other forecasters such as the U.S. Energy Information Administration and