Stats › Currencies and commodities › OPEC production
OPEC, the IEA and the EIA are 3.1 mb/d apart on 2026 demand
Source: International Energy Forum, Comparative Analysis of Monthly Reports on the Oil Market, issue dated 14 Jul 2026. Cross checked against Argus reporting of the OPEC Monthly Oil Market Report of 13 Jul 2026, the EIA Short Term Energy Outlook of 7 Jul 2026 and the IEA Oil Market Report of July 2026.
Nobody meters world oil production, so every published figure is an estimate. OPEC, the IEA and the EIA were 3.1 million barrels a day apart on 2026 demand, and disagreed on the sign of growth. The gap is about the size of the UAE's output.
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