OPEC Sees Oil Demand Growth Jump Sixfold in 2027, China Weak Near-Term

OPEC's September MOMR cuts 2026 demand growth to 380k bpd but projects a surge to 2.36M bpd in 2027, with China's near-term growth nearly flat at 10k bpd. The sharp revision signals OPEC's view of a near-term soft patch followed by a strong rebound, which could influence production policy and market sentiment.