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OPEC kept its oil-demand growth forecasts unchanged at 0.2 million barrels per day for 2026 and 2.6 million bpd for 2027. It slightly raised its estimate of fourth-quarter 2026 demand to 107.98 million bpd and maintained its 2027 total-demand estimate at 108.28 million bpd.
Steady near-term demand expectations provide little new impetus for crude prices, while the stronger projected growth in 2027 could support prices further out. Oil and diesel costs feed into fuel and freight expenses for animal-feed buyers.
sadanews.psNov 11, 2026After 56 past neutral report events, Crude Oil (WTI) moved a median +0.0% over 5 sessions (50% higher; middle half -2.7% to +2.5%), and +0.8% over 20.
After 41 past neutral report events, Crude Oil (Brent) moved a median -1.4% over 5 sessions (41% higher; middle half -4.0% to +1.9%), and +1.8% over 20.
After 22 past neutral report events, ULSD / Diesel moved a median -0.1% over 5 sessions (50% higher; middle half -3.5% to +2.7%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
