Quartz·2 min read·medium
OPEC is raising its 2027 oil demand forecast, betting on a post-war inventory rebound
✦AI Summary
OPEC has increased its 2027 oil demand forecast, projecting a rise of 2.55 million barrels per day. This growth is driven by governments and energy firms seeking to replenish stockpiles depleted during the conflict with Iran.
Why it matters
This forecast signals potential long-term energy price volatility and highlights the impact of geopolitical instability on global supply chains.
The group expects demand to rise by 2.55 million barrels per day next…
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