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The EIA's Short-Term Energy Outlook Report Projects Global Oil Demand At 102.8 Million Barrels Per Day In 2026, Down From The Previous Forecast Of 102.9 Million Barrels Per Day; And At 104.8 Million Barrels Per Day In 2027, Down From The Previous Forecast Of 105.3 Million Barrels Per Day
In July, The U.S. EIA's Forecast For The Annual Average Price Of WTI Crude Oil Was $76.26 Per Barrel, Down From The Previous Estimate Of $88.32 Per Barrel
NATO: The Latest Estimates Show That Five Member States Are Expected To Spend More Than 3.5% Of Their GDP On Core Defense This Year, While Some Allies Are Still Only At Around 2%
Danish Prime Minister: I Expect All Allies To Respect Denmark's Sovereignty; Greenland Will Never Be Sold
According To The Wall Street Journal, U.S. Lawmakers Will Pressure Treasury Secretary Bessenter During The NATO Summit To Push For A Russian Sanctions Bill
The Norwegian Government Has Provided 3 Billion Norwegian Kroner (approximately US$306.2 Million) In Support To Ukraine’s Air Defense System
The New York Fed's 3-year Inflation Forecast Rose To 3.3% In June, The Highest Level Since 2022
The New York Fed's One-year Inflation Expectation For June In The U.S. Was 3.67%, Up From The Previous Reading Of 3.46%
EU High Representative For Foreign Affairs And Security Policy Karas: US Troop Movements In Europe Will Not Affect Defense Efforts
The International Olympic Committee Announced On The 7th That It Has Temporarily Lifted The Ban On The Russian Olympic Committee
Pure Benzene 2608 Reached 6,700 Yuan/ton, With An Intraday Increase Of 1.81%, And Was Last Quoted At 6,710 Yuan/ton; The Transaction Volume Was Approximately 1.184 Billion Yuan
The Pearl River Flood Control Headquarters And The Pearl River Commission Have Upgraded The Emergency Response To Level I
According To The New York Times: A Building In Midtown Manhattan, New York City, Was Evacuated Due To A Collapse Warning

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Federal Reserve Governor Waller, European Central Bank Executive Board member Schnabel, European Central Bank Governing Council member Winsch, and Swedish Central Bank Vice Governor Seim delivered speeches.
ECB President Lagarde Speaks
ECB Chief Economist Lane Speaks
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North Dakota, USA: Oil Production In November Was 1,189,104 Barrels Per Day

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