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Industrial worker with a hand truck moving blue barrels in a warehouse setting.
FORECASTSJUL 17, 2026
Oil Forecast: Inventory Draw Supports Prices as OPEC+ August Hike Looms
Crude markets found support after U.S. inventories fell more than expected, pointing to tighter near-term supply conditions. Natural gas remained range-bound as comfortable storage balanced longer-term demand hopes tied to LNG exports and power use.
NATURAL-GASWTIOPEC