Reported about 4 hours ago
OPEC has projected steady oil demand growth for 2026, estimating an increase of 1.4 million barrels per day, largely fueled by India and China. This outlook, however, may be tempered by slowing economic growth in China and past inaccuracies in demand forecasting. Despite plans for increased production, market analysts foresee an oversupply due to concurrent rises in output from other countries.
Source: YAHOO