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Global oil demand growth to accelerate further next year-FORECAST

Global oil demand growth to accelerate further next year-FORECAST
# 11 June 2026 16:39 (UTC +04:00)

The Organization of the Petroleum Exporting Countries (OPEC) has released its forecast for average daily global oil demand for 2026 and 2027, OPEC's monthly report said, APA-Economics reports.

According to the report, average daily global oil demand is expected to reach 107.86 million barrels in 2027 (previous forecast: 107.87 million barrels), which is 1.73 million barrels higher than the forecast for 2026.

According to the forecast, the figure is expected to reach 106.13 million barrels this year (previous forecast: 106.33 million barrels), which is 0.97 million barrels higher than the 2025 level of 105.16 million barrels.

It should be recalled that average daily global oil demand stood at 103.84 million barrels in 2024.

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