OPEC Maintains Economic Growth Projections Amid U.S. Trade Policy Uncertainty

About OPEC Maintains Economic Growth Projections Amid U.S. Trade Policy Uncertainty

This video, presented by Benzinga, explores OPEC's decision to maintain its oil demand forecast, despite concerns surrounding U.S. trade policies under President Trump. OPEC highlights increased market uncertainties and the potential for supply-demand imbalances, leading to heightened volatility. The organization projects global economic growth to remain above 3% for the current year and 2026. However, it warns that ongoing trade tensions might negatively impact global oil demand and elevate inflation expectations beyond central bank targets.