OPEC slashes 2026 oil demand growth forecast to 400,000 BPD, citing weaker momentum

The News International - Oct 12, 2026

The Organization of the Petroleum Exporting Countries has majorily reduced its global oil demand growth forecast for 2026, slashing its projection to 400,000 barrels per day from an initial estimate of 1.4 million bpd. Secretary General of OPEC, Haitham Al Ghais said on Monday that organization...

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