*Walter Bloomberg|Jul 07, 2026 16:22
U.S. SEES OIL FLOWS RECOVERING FASTER
The U.S. Energy Information Administration now expects global oil production and flows to return to near pre-war levels by late 2026, earlier than previously forecast.
Most shut-in output is expected back by Q1 2027.
The EIA also lowered its 2027 Brent crude forecast to $65 a barrel, citing improving supply.(*Walter Bloomberg)
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