OPEC Sees Oil Demand Growth Explode Sixfold in 2027
OPEC alters global oil demand forecasts, trimming the 2026 outlook while significantly raising projections for 2027.
22 trends tracked about this subject — the full history, oldest to newest below.
OPEC alters global oil demand forecasts, trimming the 2026 outlook while significantly raising projections for 2027.
Saudi Arabian oil production has plummeted to its lowest level since 1990 amid escalating regional conflict and threats to export routes.
Saudi Arabia's oil production has plummeted to its lowest level since 1990 as escalating conflict and shipping route closures disrupt global exports.
Brent crude oil prices surge toward $100 following attacks on Saudi Arabian energy and civilian facilities by Iranian-aligned Houthi forces.
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OPEC+ maintains its current oil output policy and quotas unchanged for October, according to global financial coverage.
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OPEC+ members have agreed to increase oil production quotas for September, marking the sixth consecutive output increase.
U.S. consumers face high energy costs despite minimal reliance on OPEC oil, as markets react to a recent price spike linked to Iran.
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Seven OPEC+ members agreed to a modest production increase while oil prices continue to slide.
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Global oil markets are facing a sudden supply glut and weakening Brent curves as flows persist through the Strait of Hormuz.
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US gasoline prices have dropped below a $4 national average following the formal reopening of the Strait of Hormuz.
Oil tankers bypass Strait of Hormuz in secret, reshaping global energy flows and OPEC’s leverage
US oil reserves near 40-year lows as Cushing, Oklahoma, storage nears capacity limits