Opec lowers oil demand growth forecasts for 2026

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OPEC has revised down its forecast for global oil demand growth in 2026, now expecting an increase of 600,000 barrels per day, lower than previous assessments. The announcement reflects shifting dynamics in the global energy markets.

Vienna: Global oil demand is forecast to grow by 600,000 barrels per day (bpd) in 2026 year-on-year, down from last month's assessment, said the...