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On our radar: Oil market signals, Harris vs. Trump

 This week will bring fresh oil market forecasts in the wake of OPEC+ delaying plans to start increasing production.

  • Why it matters: Prices recently touched their lowest levels since November 2021 amid soft demand in China and other bearish metrics.
  • What’s next: DOE’s independent stats arm and OPEC drop new supply and demand outlooks tomorrow. The International Energy Agency’s closely watched report follows Thursday.

🗳️ We’ll be watching for more info on Kamala Harris’ plans at tomorrow night’s debate with Donald Trump.

  • Why it matters: It’s the election’s highest-profile moment since the Democratic convention.
  • State of play: Harris’ campaign hasn’t offered specifics beyond signaling she’d implement the IRA and 2021 infrastructure laws. She has also backed off aggressive positions from her 2019 run, including a fracking ban.
  • The latest: new section of Harris’ website offers 30,000-foot-level policy goals but lacks detail.
  • What’s next: At least one climate question is now standard at debates. But any exchange could be consumed litigating Harris’ retreat from positions rather than drawing out future plans.

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