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: A 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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