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Commodities

U.S. oil output to average 13.83 million bpd in August vs 13.82 million bpd in July; forecast 13.77 million bpd in September: EIA

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EIA forecasts a slight rise in August U.S. oil output to 13.83M bpd, alongside upwardly revised annual production targets and higher Brent price estimates due to Middle East supply risks.

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