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WTI Oil Up 1.7% as Markets Grapple with Geopolitical Shocks and Structural Supply Glut
Summary by Action Forex
2 Articles
2 Articles
After record drops in black gold prices, analysts predict a further correction, but do not rule out new political upheavals that could shake the market again.
WTI Oil Up 1.7% as Markets Grapple with Geopolitical Shocks and Structural Supply Glut
Oil prices went up by 1.7% on Tuesday as markets grappled with the latest US sanctions on Russian Oil against optimism that the US Government shutdown could end soon. The challenge for bulls is that concerns continue to linger around oversupply in Q4 of 2025 and beyond. Global Supply Audit and Inventory Accumulation Concerns around […] The post WTI Oil Up 1.7% as Markets Grapple with Geopolitical Shocks and Structural Supply Glut appeared first …
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