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Global oil output to return to pre-Iran war level by year's end, US EIA says
Global benchmark Brent crude oil prices will average around $74 a barrel in the spot market during the third quarter of this year, down from an average of $85 in June: EIA
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channelnewsasia.com
Oil prices settle at pre-Iran war levels as crude output grows
NEW YORK, July 6 : Oil prices settled around pre-Iran war levels on Monday as Saudi Arabia slashed its official selling prices, OPEC+ approved another production target increase…
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cryptobriefing.com
US government projects global crude oil production to rebound by end of 2026
The EIA projects global crude oil production will recover to pre-conflict levels by end of 2026 as the US-Iran deal reopens the Strait of Hormuz.
