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The Chinese Mission To The European Union: Expresses Strong Dissatisfaction With The EU's Decision To Impose Additional Sanctions On Chinese Entities, And Once Again Lodges A Solemn Protest With The EU
IEA Monthly Report: Oil Supplies From The Gulf Region Are Expected To Rebound Strongly, But The Recovery In Output Will Take Several Months
Japan's Ministry Of Foreign Affairs: The Foreign Minister Held A Telephone Conversation With The Foreign Minister Of Oman. They Exchanged Views On The Current Situation In The Middle East And Reaffirmed Their Cooperative Relationship
WTI And Brent Crude Oil Prices Are Showing Little Fluctuation In The Short Term, Currently Trading At $75.75/barrel And $78.63/barrel Respectively
IEA Monthly Report: Demand Is Expected To Decrease By 5 Million Barrels Per Day In The Second Quarter Due To High Oil Prices And Product Supply Disruptions
IEA Monthly Report: Global Oil Supply Is Projected To Be 920,000 Barrels Per Day Lower Than Demand In 2026
European Central Bank: Wage Tracking Indicators Show That Contracted Wage Growth Will Stabilize At Around 2.6% By The End Of 2026
IEA Monthly Report: Since The Outbreak Of The War, Global Oil Inventories Have Been Observed To Decrease By An Average Of 3.8 Million Barrels Per Day
IEA Monthly Report: The Gradual Resumption Of Operations In The Strait Of Hormuz Will Lead To A Significant Surplus In Oil Inventories Next Year
IEA Monthly Report: OPEC Production Is Expected To Increase By 5.5 Million Barrels Per Day In 2027
IEA Monthly Report: Supply Losses In The Gulf Region Will Be Partially Offset By Production From Non-OPEC+ Oil-producing Countries
IEA Monthly Report: Non-OPEC+ Production Is Projected To Increase By 2.5 Million Barrels Per Day In 2027
IEA Monthly Report: Global Oil Supply Fell By 600,000 Barrels Per Day In May, To 94.5 Million Barrels Per Day
IEA Monthly Report: OPEC's Daily Output Fell By 1.1 Million Barrels In May Compared To The Previous Month
The IEA Monthly Report Projects That Supply Growth Will Reach 8 Million Barrels Per Day And Demand Growth Will Reach 2 Million Barrels Per Day In 2027, Creating A “significant Surplus” Of More Than 5 Million Barrels Per Day
IEA Monthly Report: Inventory Depletion Rate During The Three-month Iran War Was 3.8 Million Barrels Per Day, And The Depletion Rate In May May Reach 4.6 Million Barrels Per Day
London Metal Exchange (LME): Aluminum Inventories Decreased By 1,475 Tons, Zinc Inventories Decreased By 2,175 Tons, Lead Inventories Decreased By 25 Tons, Nickel Inventories Increased By 528 Tons, Tin Inventories Increased By 315 Tons, And Copper Inventories Increased By 525 Tons
The International Energy Agency (IEA) Predicts That Global Oil Demand Will Fall By 1.1 Million Barrels Per Day In 2026 Due To The War In Iran

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Flightradar24: Iran Has Issued A NOTAM (Notice To Airmen) Stating That All Flights Are Prohibited From Entering Its Airspace Unless Permitted, With The Exception Of Approved International Flights To And From Iran. The NOTAM Is Valid For Slightly More Than Two Hours

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