IEA cuts Russian oil output forecast due to Ukrainian attacks. Crude oil reaching a new all-time high by December 31 at 13% YES.

Russia’s revenues from oil exports this August were $320 mln higher than in the same period last year

IEA cuts 2026 oil demand forecast by 1.6M barrels/day. New all-time high for crude oil by December 31 at 13.5% YES.