OPEC lowers 2026 global oil demand growth forecastMay 13, 2026OPEC reduced its 2026 global oil demand growth forecast while raising expectations for 2027, citing geopolitical tensions from the Iran war as a key factor.OPEC lowers 2026 global oil demand growth forecastreutersOPEC Lowers 2026 Global Oil Demand Growth ForecastccinTopic tracking2026-04-22OPEC Downgrades Q2 Global Oil Demand Forecast2026-04-29OPEC+ Likely to Agree Another Oil Output Hike Without UAE, Sources Say2026-04-29Russia says OPEC+ will continue after UAE exit, no price war expected2026-04-30OPEC+ Delegates Expect Another Symbolic Supply Hike Without UAE2026-05-02OPEC+ Agrees in Principle on Small Output Hike2026-05-02OPEC+ Provisionally Agrees June Quota Increase, Delegate Says2026-05-03OPEC+ Meeting Offers Chance to Show Unity After UAE’s Shock Exit2026-05-03OPEC+ Set to Agree Third Oil Output Quota Hike Since Hormuz Closure, Sources Say2026-05-06OPEC Output Falls to New 36-Year Low on Iran War, Survey Shows2026-05-13OPEC lowers 2026 global oil demand growth forecastShow all 40 updatesFAQWhat specific change did OPEC make to its oil demand growth forecasts for 2026 and 2027, and what reason did it cite?+Which other major forecasting body aligned with OPEC’s downward revision for 2026 oil demand growth, and what event did they jointly attribute it to?+