Symbolic imageOPEC lowers 2026 oil demand growth forecast again as Brent holds near $106
OPEC again cut its 2026 oil demand growth forecast to 0.2 million barrels per day, putting demand at 105.72 million bpd, according to its October report. TASS reports that OPEC+ output rose by 956,000 bpd in September, or 977,000 bpd for seven member countries, with Saudi Arabia posting the largest increase, while Politika puts Brent near $106 amid new Middle East risks.
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