The global oil market is likely to be under pressure in 2026 as growing supply and weak demand curb prices, and traders ...
A lifting of U.S. sanctions on Venezuelan crude and a ramp up of production could pose a competitive threat to Canadian ...
Oil and natural gas prices slide on oversupply fears as 30–50M barrels loom. Traders eye key support in WTI, Brent, and natural gas near $3.40.
Oil prices fell over 10% in 2025 as oversupply capped gains. This outlook covers natural gas, WTI, and Brent levels, EMAs, ...
There’s a record 1.4 billion barrels of crude currently on the world’s oceans, pushing down benchmark prices and sending gasoline under $3 a gallon at the pump in the US.
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Venezuela crisis unlikely to disrupt oil supply, Brent forecast remains at $57/bbl, ING Group says
Oil prices reacted to the recent US arrest of Venezuelan President Nicolas Maduro by focusing on the long-term potential for ...
But despite rising political tensions around the globe, the outlook for prices isn’t looking any rosier in 2026. Deloitte ...
Midland Reporter-Telegram on MSN
EIA expects US oil output to drop in 2026
The Energy Information Administration forecasts US oil production will decline by 100,000 barrels per day in 2026.
Morningstar maintains its medium-term oil price estimates at $65 a barrel for Brent and $60 a barrel for WTI. While there could be some upward price movement, it will likely be short lived, it said.
Oil prices are set to continue their downward trend, potentially slipping as low as $50 per barrel Brent by the middle of 2026, driven by ample supply and a projected market surplus.
OPEC's latest ‘World Oil Outlook’ paints a bullish picture for oil demand through to 2050, positioning itself as a staunch defender of the idea that oil and gas will remain crucial to global energy.
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