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Oil market: OPEC expects oil demand to accelerate in 2026

14/08/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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The Organization of Petroleum Exporting Countries has forecast a tightening of the oil market in 2026.

The organization raised its estimates for global demand growth in 2026 from 100,000 barrels per day to 1.4 million barrels per day, a rate slightly higher than this year. She estimates that global oil stocks will run out considerably in 2026 by nearly è 1.2 million barrels per day. style="font-family: "Bookman Old Style”, serif">to moins que le groupe et ses alli é s are not relaunching more of their production, which was still interrupted. According to “economic data from the beginning of the second half of 2025 confirm the resilience of global growth, despite ongoing uncertainties related to U.S.-centered trade tensions and broader geopolitical risks

.”

The global oil supply from non-OPEC+ countries will increase by around 630,000 bj in 2026, OPEC also announced, against 730,000 bj expected last month. While the United States should always be the driver of this growth, the cartel now expects American oil production to rise by around 130,000 bj next year, compared to 510,000 bj

expected in January.
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