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US EIA hikes oil price forecasts as Iran war drains global stockpile

The US EIA raised its oil price forecasts citing the Iran war draining global stockpiles.

Original · Investing.com AI summary of public reporting

Why: Iran war drains stockpiles → higher EIA price forecasts

BRENTOIL
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Prices since publication

At publication → Current
BRENTOIL99.58 → 102.22+2.7%
CL89.13 → 91.13+2.2%
US EIA hikes oil price forecasts as Iran war drains global stockpile | SignalHub