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 local time, maintaining its previous forecast for global oil demand growth in 2026, and for the first time revealing its oil demand forecast for 2027. The report predicts that global daily oil demand will increase by 1.38 million barrels in 2026 compared to 2025, reaching 106.52 million barrels; and global daily oil demand will increase by 1.34 million barrels in 2027 compared to 2026, reaching 107.86 million barrels. The report states that out of the 1.24 million barrel growth in global daily oil demand in 2027, 1 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 forecast data.