OPEC and IEA cut 2026 oil demand forecasts, eye recovery in 2027

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OPEC and the International Energy Agency have lowered their forecasts for global oil demand in 2026, while expecting demand to recover in 2027. The report said the downgrade reflects global economic uncertainty and the impact of trade wars, but no precise forecast figures were disclosed in this article.

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OPEC and IEA cut 2026 oil demand forecasts due to economic uncertainty and trade wars.

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