New Delhi, June 17 -- The Organisation of the Petroleum Exporting Countries expressed confidence Monday that the global economy will demonstrate continued resilience through the remainder of 2025, despite mounting concerns over international trade disputes.

The oil cartel simultaneously reduced its projection for crude supply growth from non-OPEC+ producers in 2026.

OPEC maintained its previous forecasts for worldwide oil demand growth in both 2025 and 2026, following earlier downward revisions implemented in April.

The organisation characterised the economic outlook as fundamentally sound, notwithstanding persistent trade-related uncertainties that continue to influence market sentiment.

The cartel highlighted that global economic pe...