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  • EIA Forecasts Rising Inventories and Lower Oil Prices Through 2026

    The U.S. Energy Information Administration’s (EIA) latest Short-Term Energy Outlook (STEO), released November 12, paints a clear picture for the months ahead: global oil inventories are on the rise, and that means crude prices are expected to trend lower through 2026. According to the report, Brent crude prices are projected …

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