U.S. SEES OIL FLOWS RECOVERING FASTER The U.S. Energy Information Administration now expects global oil production and flows to return to n…
U.S. SEES OIL FLOWS RECOVERING FASTER
The U.S. Energy Information Administration now expects global oil production and flows to return to near pre-war levels by late 2026, earlier than previously forecast.
Most shut-in output is expected back by Q1 2027.
The EIA also lowered its 2027 Brent crude forecast to $65 a barrel, citing improving supply.
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