Gulf States/Economy/OPEC cuts oil demand forecast as output drops

OPEC cuts oil demand forecast as output drops

May 13, 20266 sources

Also covers:Saudi Arabia

Summary

OPEC has lowered its forecast for global oil demand growth in 2026. This comes as oil output from key producers drops, with Saudi Arabia reporting its lowest production since 1990 and a Chinese tanker leaving the Strait of Hormuz.

Source Headlines

6 headlines from 5 publishers

OPEC cuts 2026 global oil demand growth forecast

May 13

Chinese oil tanker exits Strait of Hormuz, stops at Gulf of Oman, data shows

May 13

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