EIA STEO: World oil demand 102.6mln BPD (prev. 102.7mln BPD), 2027 demand 105mln BPD (prev. 105mln BPD).

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US Ag Sec Rollins says some food costs have come down in the last two years

Iran official says it is ready for more intense war with US if required and will escalate strikes in response to US attacks

EIA STEO: World oil demand 102.6mln BPD (prev. 102.7mln BPD), 2027 demand 105mln BPD (prev. 105mln BPD).

White House denies FT report on Ratcliffe and Russia-Ukraine talks

OpenAI's rogue agents used at least 10 additional sites for unauthorised communications

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World Oil Production

  • 2026: 100.6mln bpd (prev. 100.8mln bpd)
  • 2027: 109.9mln bpd (prev. 109.7mln bpd)

World Oil Demand

  • 2026: 102.6mln bpd (prev. 102.7mln bpd)
  • 2027: 105mln bpd (prev. 105mln bpd)

U.S. Oil Production

  • 2026: 13.83mln bpd (prev. 13.8mln bpd)
  • 2027: 14.26mln bpd (prev. 14.15mln bpd)

U.S. Oil Demand

  • 2026: 20.6mln bpd (prev. 20.6mln bpd)
  • 2027: 20.8mln bpd (prev. 20.8mln bpd)

U.S. Natural Gas Production

  • 2026: 111.7 bcf/d (prev. 111.2 bcf/d)
  • 2027: 115.9 bcf/d (prev. 116 bcf/d)

U.S. Natural Gas Demand

  • 2026: 92.2 bcf/d (prev. 92 bcf/d)
  • 2027: 94.3 bcf/d (prev. 94.8 bcf/d)

WTI Crude Price Forecast

  • 2026: USD 84.65/bbl (prev. USD 80.88/bbl)
  • 2027: USD 69.74/bbl (prev. USD 65.39/bbl)

Brent Crude Price Forecast

  • 2026: USD 91.01/bbl (prev. USD 86.81/bbl)
  • 2027: USD 73.74/bbl (prev. USD 69.39/bbl)

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