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OPEC lowers 2026 oil demand growth forecast to 400,000 bpd

OPEC has lowered its oil demand growth forecast for 2026 to 400,000 barrels per day, down from the 1.4 million bpd projection made at the start of the year, Secretary General Haitham Al Ghais said. The organization expects the delayed demand to appear in 2027, when it anticipates pent-up demand will materialize. Speaking at the ...

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