OPEC Maintains 2026 Oil Demand Forecast Amid Rising Asian Consumption

OPEC retained its 2026 oil demand forecast at 105.4M bpd, driven by strong Asian industrial growth and balanced global supply dynamics.

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  7. OPEC Maintains 2026 Oil Demand Forecast Amid Rising Asian Consumption
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1h ago

OPEC Maintains 2026 Oil Demand Forecast Amid Rising Asian Consumption

OPEC Maintains 2026 Oil Demand Forecast Amid Rising Asian Consumption
The Organization of Petroleum Exporting Countries (OPEC) maintained its 2026 global oil demand forecast at 105.4 million barrels per day, citing robust industrial and transport demand from India and China. The report projects over 70 percent of incremental consumption will come from Asia. Crude prices remained steady near $83 per barrel as supply adjustments offset Middle East production increases. 

Analysts said sustained Asian expansion may tighten the market by late 2026 unless non-OPEC producers ramp output faster than anticipated.

Related:
OPEC Raises 2026 Oil Demand Forecast to 105.4 Million Barrels per Day
Business Standard• By Pooja Kumari
Explore:Mutual Fund Themes
neutral
1h ago

OPEC Maintains 2026 Oil Demand Forecast Amid Rising Asian Consumption

OPEC Maintains 2026 Oil Demand Forecast Amid Rising Asian Consumption
The Organization of Petroleum Exporting Countries (OPEC) maintained its 2026 global oil demand forecast at 105.4 million barrels per day, citing robust industrial and transport demand from India and China. The report projects over 70 percent of incremental consumption will come from Asia. Crude prices remained steady near $83 per barrel as supply adjustments offset Middle East production increases. 

Analysts said sustained Asian expansion may tighten the market by late 2026 unless non-OPEC producers ramp output faster than anticipated.

Related:
OPEC Raises 2026 Oil Demand Forecast to 105.4 Million Barrels per Day
Business Standard• By Pooja Kumari
Explore:Mutual Fund Themes
Breaking
neutral

OPEC Maintains 2026 Oil Demand Forecast Amid Rising Asian Consumption

about 2 hours ago
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OPEC Maintains 2026 Oil Demand Forecast Amid Rising Asian Consumption

OPEC retained its 2026 oil demand forecast at 105.4M bpd, driven by strong Asian industrial growth and balanced global supply dynamics.

The Organization of Petroleum Exporting Countries (OPEC) maintained its 2026 global oil demand forecast at 105.4 million barrels per day, citing robust industrial and transport demand from India and China. The report projects over 70 percent of incremental consumption will come from Asia. Crude prices remained steady near $83 per barrel as supply adjustments offset Middle East production increases. 

Analysts said sustained Asian expansion may tighten the market by late 2026 unless non-OPEC producers ramp output faster than anticipated.

OPEC Maintains 2026 Oil Demand Forecast Amid Rising Asian Consumption
The Organization of Petroleum Exporting Countries (OPEC) maintained its 2026 global oil demand forecast at 105.4 million barrels per day, citing robust industrial and transport demand from India and China. The report projects over 70 percent of incremental consumption will come from Asia. Crude prices remained steady near $83 per barrel as supply adjustments offset Middle East production increases. 

Analysts said sustained Asian expansion may tighten the market by late 2026 unless non-OPEC producers ramp output faster than anticipated.

Companies:
OPEC
Tags:
global
oil
global
oil
OPEC
energy
commodities
Related:
OPEC Raises 2026 Oil Demand Forecast to 105.4 Million Barrels per Day
Source: Business Standard
By Pooja KumariExplore:Mutual Fund Themes
Nov 12, 2025 • 07:32 IST

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