OPEC raises 2027 oil demand forecast to 2.55 bpd as Saudi output surges

The Organization of the Petroleum Exporting Countries (OPEC) has raised its forecast for global oil demand growth in 2027 to 2.55 million barrels per day (bpd), from its previous estimate of 2.36 million bpd, citing the need to replenish inventories depleted by the repercussions of the war with Iran. However, the organization lowered its forecast … The post OPEC raises 2027 oil demand forecast to 2.55 bpd as Saudi output surges appeared first on Times Kuwait .