EIA Expects a Drop in Global Oil Demand Will Limit Price Increases From Hormuz Disruptions
June 10, 2026
June 10, 2026
WASHINGTON, June 10 (TNSrep) -- The U.S. Department of Energy's Energy Information Administration issued the following news release:
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EIA expects a drop in global oil demand will limit price increases from Hormuz disruptions
The U.S. Energy Information Administration published its June Short-Term Energy Outlook (STEO), reducing its expectation for global oil demand in 2026. High fuel prices, reduced fuel availability, and government initiatives ar . . .
* * *
EIA expects a drop in global oil demand will limit price increases from Hormuz disruptions
The U.S. Energy Information Administration published its June Short-Term Energy Outlook (STEO), reducing its expectation for global oil demand in 2026. High fuel prices, reduced fuel availability, and government initiatives ar . . .