Efficiency vs. Consumption: Deconstructing OPEC’s 1.2 Million Barrel Growth Forecast
OPEC’s revised forecast for 2026, pegging global oil demand growth at a “healthy” 1.2 million barrels per day (bpd), serves as a critical indicator of a global energy market in the midst of a structural transition. While 1.2 million bpd may seem robust, it represents a calculated downward adjustment from previous mid-term projections, reflecting a […]
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