EIA’s Short-Term Energy Outlook cuts 2026 global oil production to 100.8 mln b/d from 101.9 mln b/d; 2027 production is 109.7 mln b/d (prior 109.8 mln b/d). The report lowers 2026 global oil demand to 102.7 mln b/d from 102.8 mln b/d and raises 2027

2026-08-12

EIA’s Short-Term Energy Outlook cuts 2026 global oil production to 100.8 mln b/d from 101.9 mln b/d; 2027 production is 109.7 mln b/d (prior 109.8 mln b/d). The report lowers 2026 global oil demand to 102.7 mln b/d from 102.8 mln b/d and raises 2027 demand to 105.0 mln b/d from 104.8 mln b/d.

Other News
2026-08-11

Henan flood-control command said it has activated a Level-3 flood emergency response for parts of the province from Aug 11 12:30, based on meteorological forecasts and inter-agency assessment. The Level-3 response covers Zhengzhou, Kaifeng, Pingdings

2026-08-11

Asian Stocks 1. The Shanghai Composite Index closed up 26.56 points, or 0.67%, at 3966.59 on Monday, August 10th. 2. The Shenzhen Component Index closed up 5.95 points, or 0.04%, at 14316.96 on Monday, August 10th. 3. The CSI 300 Index closed up 7