Energy

OPEC Monthly Oil Market Report, September 2026 - Peak Oil Barrel

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DW NOTE

OPEC's September report arrives as global supply sits 5.7 million barrels per day below 2025 levels — not because of demand destruction, but because the Strait of Hormuz remains effectively closed despite June's reopening agreement. The cartel's projections now defer Gulf recovery until 2027, which means they've stopped pretending convoy-only shipping constitutes normal operations.

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The United States has not pressured India to cut crude oil imports from Russia, Indian Oil Minister Hardeep Singh Puri said on Tuesday, as Russian cargo arrivals to the world’s third-largest crude oil importer have declined in recent weeks amid an increase in imports from the Middle East. India’s pu

OPEC Monthly Oil Market Report, September 2026 - Peak Oil Barrel

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