In first look at 2027, OPEC forecasts ongoing oil demand growth
ReutersJan 14, 2026 1:00 PM
LONDON, Jan 14 (Reuters) - OPEC in a report on Wednesday forecast world oil demand in 2027 would rise at a similar rate to this year and data in the study indicated a close balance between supply and demand in 2026, a copy of the report seen by Reuters showed.
OPEC said in the report that demand would rise by 1.34 million barrels per day in 2027, a similar rate to the growth of 1.38 million bpd expected this year. The 2027 prediction is OPEC's first in its monthly report.
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