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OPEC Cuts 2026 Oil Demand Growth Forecast as IEA Warns on Volatility

businessenergy-marketsoil 2 posts · 2 accounts

OPEC cut its forecast for global oil demand growth in 2026, adding to a cautious outlook for crude markets. Separately, the International Energy Agency warned of greater volatility ahead.

Oil struggled for direction as traders weighed the weaker demand outlook from OPEC against the IEA’s warning of a more volatile market environment.

From the sources (2 posts)

@reuters

OPEC cuts 2026 global oil demand growth forecast

@cnbc

Oil struggles for direction as IEA flags greater volatility ahead, OPEC cuts demand forecast

Preview built on a synthetic news corpus (16 weeks, Apr–Jul 2026). Impact calls are model reads, not price data.

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