euronews (August 12)
OPEC and the IEA, “two of the most influential voices in energy markets” released “opposing readings” for 2026, but more harmonious forecasts for 2027. “The IEA now expects the world to burn less oil in 2026 than it did in 2025,” predicting global oil demand will “fall by 1.6 million barrels per day (mb/d) in 2026.” In contrast, “OPEC still expects demand to grow” by 580,000 b/d. Both are, however, bullish on 2027 demand. “OPEC now expects demand to grow by 2.2 mb/d in 2027… while the IEA goes further still at 2.4 mb/d.” Interestingly, “the gloomier forecaster for this year delivers a more bullish read for the next.”
Tags: 2026, 2027, Bullish, Demand, Energy markets, Fall, Forecasts, Grow, Harmonious, IEA, Influential, Oil, OPEC
Investment Week (September 5)
The bad news in the UK is that the majority of “firms (55%) are holding off on investment decisions until after the Autumn Budget—set for 26th November.” The good news is that 43% of those businesses “are expecting to increase investment as a result.” The Barclays’ Business Prosperity index expects investment “to grow by 5.5% over the next 12 months, with 89% of businesses remaining confident in their own prosperity.”
Tags: Autumn Budget, Barclays, Business Prosperity index, Businesses, Confident, Firms, Grow, Holding off, Increase, Investment decisions, Prosperity, UK
