BUSINESS EIA Predicts Return to Global Oil Oversupply in 2027 Tuesday, July 7, 2026 Source Summary In its new Short-Term Energy Outlook (STEO), the EIA said last month's US-Iran MOU prompted massive revisions to its prior forecast. Advertisement Read Original Article → Related Dispatches [US] · Jul 7 Nasdaq falls sharply as AI worries hit semiconductor stocks [CA] · Jul 7 Has Iraq Finally Run Out of Road in Its Double-Dealings with the West? [CA] · Jul 7 Alliant Energy Corporation Announces Second Quarter Earnings Release and Conference Call