Report
US EIA raises 2026 and 2027 oil price forecasts again amid Iran war
Reuters reports that global oil stockpiles are falling rapidly and diesel markets remain tight amid the ongoing war.
TLDR
Reuters reports that the US Energy Information Administration raised its oil price forecasts for 2026 and 2027 on October 6. The revision comes as global stockpiles fall rapidly and diesel markets remain tight amid the ongoing Iran war.
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