OPEC Points to Smaller Supply Deficit

OPEC points to smaller supply deficit

World oil supply is expected to closely match demand next year as the wider OPEC+ group increases production, an OPEC report showed on Monday, marking a change from last month's outlook, which projected a supply shortfall in 2026. OPEC+ is adding more crude to the market after the Organisation of the Petroleum Exporting Countries, Russia and other allies opted to unwind some output cuts more rapidly than previously planned. The additional supply…

OPEC Holds Oil Demand Outlook, Points to Smaller 2026 Supply ...

OPEC Points to Smaller 2026 Oil Supply Deficit as OPEC+ Pumps More - Energy News, Top Headlines, Commentaries, Features & Events

Summary OPEC’s forecasts had pointed to tighter market in 2026 OPEC leaves demand forecasts unchanged for 2025, 2026 IEA, which sees big 2026 surplus, to update view on Tuesday (Reuters) – World oil supply is expected to closely match demand next year as the wider OPEC+ group increases production, an OPEC report showed on Monday, ...

OPEC sees smaller Oil supply deficit in 2026 – ING

Oil prices are trading almost flat this morning, with the market focused on Friday’s Trump-Putin meeting. OPEC's expectations of increasing output to ease a supply shortfall next year further weighed on prices, ING's commodity experts Ewa Manthey and Warren Patterson note.

OPEC maintains global oil demand forecast, points to smaller supply deficit in 2026

Vienna: The Organization of the Petroleum Exporting Countries (OPEC) on Monday maintained its relatively high forecast for global oil demand growth fo...

OPEC points to smaller 2026 oil supply deficit as OPEC+ pumps more – Oil & Gas 360

(Investing) – LONDON  -World oil supply is expected to closely match demand next year as the wider OPEC+ group increases production, an OPEC report showed on Monday, marking a change from last month’s outlook, which projected a supply shortfall in 2026. OPEC+ is adding more crude to the market after the Organization of the Petroleum Exporting Countries, Russia and other allies opted to unwind some output cuts more rapidly than previously planned.