OPEC Keeps Oil Outlook Unchanged As Supply Boost Continues

Global oil demand will grow by 1.3 million barrels a day this year and by 1.4 million in 2026, the same as previously forecast, said OPEC.

Bloomberg News

Published On

13 Oct 2025, 09:08 PM IST

Last Updated On

13 Oct 2025, 09:08 PM IST

(Image: Bloomberg)

OPEC kept its outlook for the oil market unchanged as the group and its allies continue to add barrels to the global market.

Also Read: US Stock Market Today: Dow Jones, S&P 500 Edge Higher As Trump Tempers China Stance

Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit. Feel free to Add NDTV Profit as trusted source on Google.

GET REGULAR UPDATES

Add us to your Preferences

Set as your preferred source on Google

RECOMMENDED FOR YOU

Oil Prices Rise In Relief Rally As OPEC+ Agrees Modest Production Hike

Oil Takes Breather After Run Of Losses Ahead Of OPEC+ Meeting

Oil Advances As Ukraine Steps Up Attacks On Russian Supplies

Oil Gains As OPEC+ Hints At Caution With Constrained Output Hike

POPULAR