News

This service supports access through multiple channels such as the official Amazon website, official shopping app, and mobile web browser, providing users with a more convenient direct shopping experience.

A chart to understand the US CPI for February 2026: All key indicators meet expectations! But don’t celebrate too soon—the oil prices pushed up by the war haven’t yet been “reflected” in inflation…

⑴ Despite significant supply disruptions and sharp oil price fluctuations in the Gulf region since the outbreak of the US-Iran war on February 28, OPEC has maintained its global supply, demand, and economic forecasts unchanged. ⑵ In its latest monthly oil market report released today, OPEC did not explicitly mention the war, but stated that geopolitical developments "deserve close attention," and their impact on economic growth, "if any," is still too early to assess. ⑶ Although OPEC does not make predictions about its member countries' oil production, OPEC+ major oil producers Saudi Arabia, Iraq, Kuwait, and the UAE have begun shutting down some crude oil production due to limited storage capacity and insufficient alternative export channels. ⑷ OPEC expects global oil demand to increase by 1.38 million barrels per day in 2026, reaching 106.53 million barrels per day; and to increase by 1.34 million barrels per day in 2027, reaching 107.87 million barrels per day. ⑸ It is expected that non-OPEC countries' supply will increase by 630,000 barrels per day in 2026, reaching 54.83 million barrels per day; and increase by 610,000 barrels per day in 2027, reaching 55.44 million barrels per day.