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Commodities: U.S. Crude Oil Supply To Fall In 2026
The EIA said oil output would decline by 50k b/d YoY in 2026 to 13.37m b/d. Meanwhile, the European Commission is proposing a ban on refined product imports made from Russian crude oil.
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EIA: Crude oil prices to fall as global inventories rise
The international benchmark Brent crude oil price is expected to fall to about $60 per barrel by the end of the year and average about $59 per barrel in
Oil Investments to Fall 6% on Lower Demand and Prices, IEA Says
Global oil investments are expected to drop 6% in 2025, in the first such decline in a decade excluding the year of the Covid slump, according to the International Energy Agency.
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