General Interest

US Energy Information Administration
Global oil markets are expected to move into a surplus over the coming months as production growth outpaces consumption, according to the US Energy Information Administration (EIA)’s latest Short-Term Energy Outlook (STEO).
Despite declining prices, strategic stockpiling by China along with OPEC+ production cuts are expected to limit the extent of price drops, with Brent crude projected to average...
Dec. 9, 2025