Global Oil Inventory Declines Leave Energy Markets Vulnerable; EDC Forecasts $96/Barrel Average in 2026
According to Canada's Export Development Corporation (EDC), global oil inventory declines have made energy markets increasingly vulnerable. On July 16, the EDC forecast average crude oil prices at $96 per barrel in 2026 and $84 per barrel in 2027.
EDC Chief Economist Stuart Bergman stated that oil
GateNews·07-16 11:03
