OPEC Raises 2027 Oil-Demand Growth Forecast to 2.6 Million Bpd
Photo: TokenPost
The Organization of the Petroleum Exporting Countries (OPEC) raised its forecast for global oil-demand growth in 2027 to about 2.6 million barrels per day, pointing to stronger consumption and inventory rebuilding after major drawdowns tied to the conflict involving Iran. Global oil demand is expected to average about 108.3 million barrels per day next year, up from approximately 105.7 million barrels per day in 2026. OPEC’s detailed tables put the increase at about 2.56 million barrels per day, which rounds to 2.6 million barrels per day.
Source: TokenPost
