Haitham Al Ghais, Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), stated at the 25th World Petroleum Congress held in Riyadh, Saudi Arabia, on the 12th local time that OPEC has lowered its forecast for global daily oil demand growth in 2026 from 1.4 million barrels at the beginning of the year to 400,000 barrels, and expects previously deferred demand to gradually emerge in 2027. Al Ghais also pointed out that there is widespread underinvestment across all segments of energy production, with related impacts already evident in areas such as refining.
OPEC Secretary General: Global Oil Demand Growth Forecast for 2026 Cut to 400,000 Barrels Per Day
【Copyright and Disclaimer】The above information is collected and organized by PlastMatch. The copyright belongs to the original author. This article is reprinted for the purpose of providing more information, and it does not imply that PlastMatch endorses the views expressed in the article or guarantees its accuracy. If there are any errors in the source attribution or if your legitimate rights have been infringed, please contact us, and we will promptly correct or remove the content. If other media, websites, or individuals use the aforementioned content, they must clearly indicate the original source and origin of the work and assume legal responsibility on their own.
Most Popular
-
[Overseas News] Sumitomo Chemical Acquires Solvay's LCP Business! SK Chemicals Builds Circular Economy Model For Waste Banners!
-
BASF Considers Raising Offer For Evonik
-
[Overseas News] "Counterattack"? Go to Paris! AkzoNobel Sells Seven-Nation Decorative Coatings Business for $1.35 Billion
-
Lithium Carbonate Price Reaches Key Node at 100,000 Yuan/Ton! Listed Companies Rush to Lock Orders!
-
Sumitomo Chemical Completes Acquisition of Solvay Liquid Crystal Polymer Resin Business
