🚨 Oil Market Watch – July 29, 2026


Tomorrow’s EIA crude oil stocks data will test markets balancing U.S. oversupply signals against Middle East tensions.

- Last week: +2.01M barrels build 📈
- Forecast: another moderate increase ➡️ possible oversupply worries
- Geopolitics: Gulf tanker disruptions + OPEC+ uncertainty
- Industry: steady refinery runs, resilient shale, mixed demand

If stocks rise above forecast → bearish tilt ($72–74/bbl).
If surprise draw → bullish rebound ($78–80/bbl).

Energy traders brace for volatility across oil, FX, and safe‑haven assets.

#OilMarkets #EIA #CrudeOil
#StrategyInitiatesSTRCBuyback
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