CNBC
US · 14 mins ago
✦ 72◉ Centre
Oil struggles for direction as IEA flags greater volatility ahead, OPEC cuts demand forecast
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Credibility 72/100
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◉ Centre ✓ Fair headline
OPEC has reduced its forecast for global oil demand growth in 2026 to approximately 1.2 million barrels per day, while the IEA warns of increased market volatility ahead.
Oil struggles for direction as IEA flags greater volatility ahead, OPEC cuts demand forecast
OPEC cut its demand growth estimates for 2026 to about 1.2 million barrels per day.
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