EIA Redefines Oil Capacity, Softens Supply Fears
Update: 2025-12-21
Description
U.S. Energy Information Administration revises oil supply risk definitions, boosting OPECs spare capacity. This change, based on actual production numbers, provides a buffer against disruptions, softening the impact of geopolitical events on prices. The update challenges OPECs tight supply narrative, potentially easing bullish pressure on oil prices.
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