OPEC Monthly Report: Maintains unchanged forecast for oil demand growth this year, cautiously starting production increase in April.

According to Wisdom Financial APP, OPEC maintains its forecasts for global oil demand growth in 2025 and 2026 unchanged - maintaining a global crude oil demand growth rate of 1.3 million barrels per day in 2025 (about 60% higher than JPMorgan's expectations) and maintaining a global crude oil demand growth rate of 1.28 million barrels per day in 2026. Before planning to significantly increase production by 411,000 barrels per day in May and June, OPEC cautiously expanded production in April, with the increase in output agreed upon by member countries offset by compensatory reductions in production by other member countries.