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OPEC Holds Firm on Bullish Oil Demand Outlook for 2026
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Why This Matters
OPEC maintains its bullish oil demand outlook for 2026, expecting a 1.4 million barrels per day increase, driven by solid economic growth, despite other forecasters predicting lower growth rates.
Market Impact
Market impact analysis based on bullish sentiment with 86% confidence.
Sentiment
Bullish
AI Confidence
86%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Global oil demand will rise by about 1.4 million barrels per day (bpd) next year, supported by solid economic growth, OPEC said in its monthly report ton Thursday, keeping its demand forecasts unchanged from last month. Unlike other forecasters, investment banks, and analysts, OPEC continues to expect robust demand growth in 2026 that will be higher than the estimated increase for 2025 of about 1.3 million bpd, forecasts in the cartel’s Monthly Oil Market Report (MOMR) showed on Thursday. Figures about the balance of supply and…
Original article published by
OilPrice.com
on December 11, 2025.
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