OPEC: Global daily oil demand will increase year-on-year in the next two years.

The Organization of the Petroleum Exporting Countries (OPEC) released its monthly oil market report on the 14th, maintaining its previous forecast for global oil demand growth in 2026 and releasing its first forecast for oil demand in 2027. The report predicts that global daily oil demand will increase by 1.38 million barrels in 2026 to reach 106.52 million barrels, and by 1.34 million barrels in 2027 to reach 107.86 million barrels. The report states that of the 1.24 million barrels increase in global daily oil demand in 2027, 1.24 million barrels will come from non-OECD countries. The report shows that global daily oil demand in 2025 will remain at 105.14 million barrels, the same as the previous month's report forecast.