Oil Market Faces Double Hit From US Output Cuts and Potential EU Import Ban | Investing.com

The Energy Information Administration expects US crude oil production to fall next year. Meanwhile, the European Commission is proposing a ban on refined product imports made from Russian crude oil The Energy Information Administration (EIA https://www.investing.com/analysis/oil-market-faces-double-hit-from-us-output-cuts-and-potential-eu-import-ban-200662047