Oil Steadies as Oversupply Concerns Vie with Ukraine Talks for Investor Focus
15 Articles
15 Articles
Oil steadies as oversupply concerns vie with Ukraine talks for investor focus
Oil prices saw little change as concerns over a supply surplus in 2026 overshadowed worries about Russian shipments remaining under sanctions. Despite a brief rise on Monday due to doubts about a Ukraine peace deal, forecasts point to demand growth being outpaced by supply next year. However, expectations of a U.S.
Oil steadies as oversupply concerns vie with Ukraine talks for investor focus
(Reuters) -Oil prices were little changed on Tuesday after rising in the previous session as concerns supply will exceed demand next year outweighed worries Russian shipments will remain under sanctions as talks to end the Ukraine war remain inconclusive. Brent futures fell 17 cents, or 0.3%, to $63.20 a barrel as of 0158 GMT. West Texas Intermediate (WTI) crude declined 12 cents, or 0.2%, at $58.71. Both crude benchmarks gained 1.3% on Monday a…
Oil Dips on Oversupply Concerns While Investors Eye Ukraine Talks - Energy News, Top Headlines, Commentaries, Features & Events
Summary Oversupply concerns outweigh Russian sanctions’ impact on oil prices Russian oil exports to China discussed amid sanctions Deutsche Bank predicts 2026 oil surplus, bearish outlook LONDON, Nov 25 (Reuters) – Oil prices eased on Tuesday as oversupply concerns outweighed worries that Russian shipments will remain under sanctions as talks to end the Ukraine war ...
Oil dips on oversupply concerns while investors eye Ukraine talks
Oil dips on oversupply concerns while investors eye Ukraine talksOil prices eased on Tuesday as concerns supply will exceed demand next year outweighed worries that Russian shipments will remain under sanctions as talks to end the Ukraine war remain inconclusive. Brent futures fell 27 cents, or 0.4%, to $63.10 a barrel as of 0500 GMT. West Texas Intermediate (WTI) crude declined 23 cents, or […] The post Oil dips on oversupply concerns while inv…
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