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IEA Monthly Report: Global oil supply is expected to decline by 4.3 million barrels per day in 2026 (previously forecast as a decline of 3.7 million barrels per day).

2026-08-12

IEA Monthly Report: Global oil supply is expected to decline by 4.3 million barrels per day in 2026 (previously forecast as a decline of 3.7 million barrels per day).

Other News
2026-08-12

Henan’s flood-control command activated a level-2 emergency response at 08:00 on Aug 12, the provincial emergency management department said. From 08:00 Aug 12 to 08:00 Aug 13 heavy rain is expected along the Huai River and across much of northern He

Henan’s flood-control command activated a level-2 emergency response at 08:00 on Aug 12, the provincial emergency management department said. From 08:00 Aug 12 to 08:00 Aug 13 heavy rain is expected along the Huai River and across much of northern Henan. Heavy downpours are forecast in parts of southern Jiaozuo, central-eastern and eastern Xinxiang, eastern Luoyang, Zhengzhou, Kaifeng, central-western Shangqiu, Pingdingshan, Xuchang, Luohe, central-western and northern Zhoukou, northeastern Nanyang and northern Zhumadian. Localized ultra-heavy rain (250–350mm at isolated points) is possible in southeastern Zhengzhou, southern Kaifeng, central Pingdingshan, northern Xuchang and western Zhoukou. Brief intense rainfall with hourly rates of 40–60mm (up to 80mm locally) and convective thunderstorm winds of force 8–10 are also expected.
2026-08-12

API: US refined product imports in the week to Aug. 7 at 196,000 bpd, prior -206,000 bpd.

API: US refined product imports in the week to Aug. 7 at 196,000 bpd, prior -206,000 bpd.
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