The Organization of the Petroleum Exporting Countries (OPEC) forecast in its report on Wednesday that global oil demand will increase in 2027 at a rate. This is expected against the backdrop of the global economic recovery and rising consumption in developing nations. OPEC emphasizes that demand growth will be seen across all major world regions, including Asia, Europe, and North America. The organization also points to the importance of stability in energy markets to ensure global economic growth. According to OPEC experts, this trend will continue in the coming years, which will require a corresponding increase in supply.
