(ECNS) -- OPEC lowered its forecast for global oil demand growth in 2026 to 780,000 barrels per day (bpd) in its monthly report released on July 13, marking the third consecutive downward revision, Reuters reported.
The UAE’s recent exit from OPEC and OPEC+ opens doors for ADNOC to expand output, deepen global supply links and accelerate its push into international energy markets ... The UAE’s exit from OPEC ...
According to the crude statistics, released by the NigerianUpstream Petroleum Regulatory Commission (NUPRC) on Sunday, in the month under review, crude oil production hit 1. 56 million barrels per day (mbpd) ....
The Organization of the Petroleum Exporting Countries further lowered its global oil-demand growth forecast for this year, as renewed fighting between the U.S. and Iran once again threatens crude flows and a recovery in Gulf production ... .
VIENNA, July 13 (Xinhua) -- Global oil demand is forecast to grow by 800,000 barrels per day (bpd) in 2026 year-on-year, said a report released on Monday by the Organization of the Petroleum Exporting Countries (OPEC).