OPEC Sees Oil Demand Growth Explode Sixfold in 2027
OPEC now expects global oil demand growth to jump from just 380,000 barrels per day this year to 2.36 million bpd in 2027—a more than sixfold increase in the space of a year. The cartel trimmed its 2026 demand-growth forecast in its September Monthly Oil Market Report, putting total consumption this
<p>OPEC now expects global oil demand growth to jump from just 380,000 barrels per day this year to 2.36 million bpd in 2027—a more than sixfold increase in the space of a year. The cartel trimmed its 2026 demand-growth forecast in its September Monthly Oil Market Report, putting total consumption this</p>