Saudi Arabia told OPEC its production declined again, while the group sharply cut its 2026 global oil-demand growth forecast to 380K bpd from 580K. OPEC, however, raised its 2027 demand-growth outlook to 2.36M bpd from 2.16M, signaling a significant rebound next year. OPEC+ crude production averaged 38.05M bpd in August, up roughly 300K bpd from July. 10-SEP-2026 08:05 AM ET