OPEC Sees Oil Demand Growth Outpacing Supply Through 2027

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• Free Analysis Rule Based Analysis not AI OIL Bullish 60% 6h
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OPEC is sticking to its view that the oil market will remain relatively tight through next year, with demand growth expected to continue outpacing non-OPEC+ supply additions despite months of war-related disruption and elevated prices. According to OPEC's June Monthly Oil Market Report released on Thursday, crude production from countries participating in the Declaration of Cooperation averaged 33.13 million barrels per day in May, down 190,000 bpd from April based on secondary-source estimates. The group left its global demand outlook largely…

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Original article published by OilPrice.com on June 11, 2026. Analysis and insights provided by AnalystMarkets AI.

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