OI OI OIL
Energy Headline News
@OilHeadlineNews
THE EIA EXPECTS GLOBAL OIL SUPPLY TO OUTPACE DEMAND THROUGH 2027, FORECASTING HIGHER INVENTORIES AND LOWER PRICES, WITH BRENT AVERAGING ABOUT $57.69/BBL IN 2026 AND AROUND $53/BBL IN 2027.
COMMENT
. Well, while the Democrats were screaming about a reflecting pool and the UFC fight Trump was bringing oil production on shore and sending us up to refill the Strategic petroleum reserve. Now I told you so crew can just eat crow.