OPEC's Oil Outlook: Demand, Growth, and Market Share
Update: 2025-09-11
Description
OPEC stands firm on its forecast for robust global oil demand, signaling confidence in the world economy's continued strength. Fresh off an OPEC Plus decision to boost output quotas starting in October, led by Saudi Arabia's push for market share, the group's latest report highlights solid economic growth and a steady demand outlook. With August already seeing a significant production increase, expect potentially stable oil prices as supply ramps up to meet ongoing global needs.
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