OPEC raised its 2027 global oil demand growth forecast to 2.55M bpd from 2.36M bpd, while cutting its 2026 forecast to 180,000 bpd from 380,000 bpd. OPEC+ output rose 900,000 bpd in September to 39.07M bpd, with Saudi production surging to 8.37M bpd from 6.24M bpd in August.
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