# OPEC Sees Stability in Oil Market and Maintains Demand Growth Projections

> 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.

- Date: 2026-11-11 · published 2026-11-11T18:16:50.237Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/93879-opec-sees-stability-in-oil-market-and-maintains-demand-growth-projections
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

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.

## Read by commodity

- WTI: neutral
- BRENT: neutral
- DIESEL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2021-05-31 | [OPEC+ JTC keeps 2021 oil demand growth forecast unchanged - Markets - Business Recorder](https://feedsoft.ai/events/47017-opec-jtc-keeps-2021-oil-demand-growth-forecast-unchanged-markets-business.md) | +4.4% | +10.0% |
| WTI | 2024-02-15 | [Oil demand growth slowing as non-OPEC supply expands, says IEA \| Reuters](https://feedsoft.ai/events/31840-oil-demand-growth-slowing-as-non-opec-supply-expands-says-iea-reuters.md) | +3.1% | +6.4% |
| WTI | 2025-07-01 | [OPEC trims 2025 oil demand growth estimate but hikes ‘call’ on its crude](https://feedsoft.ai/events/24393-opec-trims-2025-oil-demand-growth-estimate-but-hikes-call-on-its-crude.md) | +4.3% | +2.3% |
| WTI | 2017-08-10 | [OPEC Boosts Oil-Demand Outlook While Its Production Rises - Bloomberg](https://feedsoft.ai/events/69362-opec-boosts-oil-demand-outlook-while-its-production-rises-bloomberg.md) | -5.6% | -1.0% |
| WTI | 2020-02-25 | [Where OPEC+ Oil Production Stands Now](https://feedsoft.ai/events/54527-where-opec-oil-production-stands-now.md) | -9.0% | -54.6% |
| BRENT | 2021-05-31 | [OPEC+ JTC keeps 2021 oil demand growth forecast unchanged - Markets - Business Recorder](https://feedsoft.ai/events/47017-opec-jtc-keeps-2021-oil-demand-growth-forecast-unchanged-markets-business.md) | +2.4% | +7.5% |
| BRENT | 2024-02-15 | [Oil demand growth slowing as non-OPEC supply expands, says IEA \| Reuters](https://feedsoft.ai/events/31840-oil-demand-growth-slowing-as-non-opec-supply-expands-says-iea-reuters.md) | +1.1% | +1.2% |
| BRENT | 2017-08-10 | [OPEC Boosts Oil-Demand Outlook While Its Production Rises - Bloomberg](https://feedsoft.ai/events/69362-opec-boosts-oil-demand-outlook-while-its-production-rises-bloomberg.md) | -4.0% | +3.6% |

## Sources

- sadanews.ps: https://www.sadanews.ps/en/news/352347.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.