1 of 1
Story summary
- On January 14, 2026, the Organization of the Petroleum Exporting Countries (OPEC) forecast global oil demand will rise 1.34 million barrels per day in 2027.
- The forecast suggests a balance between supply and demand.
- OPEC+ plans to pause production increases in early 2026.
- OPEC+ crude demand is expected to average about 43 million bpd in 2026.
- The International Energy Agency (IEA) forecasts growth of 860,000 barrels per day.
