EIA estimated Middle Eastern production shut-ins at 4.8 million barrels per day in September, compared with 5.8 million in August, and assumed 4.5 million in the fourth quarter. Its outlook therefore combines a partial supply recovery with continued constraints. The next STEO is scheduled for November 10. The pace of normalization matters more than a simple distinction between disruption and recovery. Middle Eastern Shut-ins Brent Brent has an international backdrop that remains tied to the availability and ...