OilPrice.com | Some Light At The End Of The Tunnel For Oil? OilPrice.com The EIA Short Term Energy Outlook (STEO) published today reports that world oil supply decreased 130,000 bpd and demand increased 380,000 bpd in July compared to June. This reduces the relative production surplus (supply minus demand) by 510,000 ... The New Oil Order: in charts Amplify the Oil Boom by Liberating US Exports EIA cuts 2016 oil price forecast as crude trades below 6-year low |