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EIA's Short-Term Energy Outlook said the global oil price average in August rose to $91/bbl, up $7 from July, mainly due to falling global inventories. The EIA estimates inventories have fallen 400 mln bbl year-to-date and they projects will continue

2026-09-10

EIA's Short-Term Energy Outlook said the global oil price average in August rose to $91/bbl, up $7 from July, mainly due to falling global inventories. The EIA estimates inventories have fallen 400 mln bbl year-to-date and they projects will continue to decline through end‑2026, keeping oil prices near August's average over the next few months. With supply rising next year and inventories gradually recovering, the EIA expects prices to retreat in 2027.

Other News
2026-09-09

Israel Defense Forces said units from its Southern Command remain deployed in the area under the agreement and will continue operations to eliminate all threats.

Israel Defense Forces said units from its Southern Command remain deployed in the area under the agreement and will continue operations to eliminate all threats.
2026-09-09

Spot palladium rose 2.00% on the day, currently trading at $1375.23 per ounce.

Spot palladium rose 2.00% on the day, currently trading at $1375.23 per ounce.
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