Organization of the Petroleum Exporting Countries or OPEC has stated in a monthly update that the global economy is expected to maintain its stable growth trajectory, supported by the momentum observed so far this year. The global economic growth forecasts remain at 3.0% for 2025 and 3.1% for 2026, both unchanged from the previous month's assessment. The US economic growth forecasts remain at 1.8% for 2025 and 2.1% for 2026. Japan's economic growth forecast is revised up to 1.1% for 2025 and remains at 0.9% for 2026. The Eurozone economic growth forecasts remain at 1.2% for both 2025 and 2026. China's economic growth forecasts remain at 4.8% for 2025 and 4.5% for 2026. India's economic growth forecasts remain at 6.5% for both 2025 and 2026. Brazil's economic growth forecasts remain unchanged at 2.3% for 2025 and 2.5% for 2026. Russia's economic growth forecast for 2025 is revised down slightly to 1.6%, but remains at 1.5% for 2026.

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