Global World News Oil Prices Fall As Reality Of Weak Global Demand Overtakes Risk Of Wider War In Middle East
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Global Oil Prices Steady as Weak Demand and Oversupply Pressure Persist

Oil prices remained largely unchanged early Thursday after closing at two-week lows in the previous session, weighed down by sluggish demand and an ongoing global supply glut. Brent crude futures ... Read More
Oil prices fall more than $2/bbl as OPEC says 2026 supply to match demand
Oil prices fell more than $2 a barrel on Wednesday, weighed down by an OPEC report saying global oil supply will match demand in 2026, marking a further shift from its earlier projections of a supply ... Read More
Oil prices fall as oversupply concerns overshadow US government reopening
Oil prices fell more than $2 on Wednesday, weighed down by an OPEC report saying global oil supply will match demand in 2026, marking a further shift from its earlier projections of a supply deficit. Read More
Oil falls as investors weigh potential supply glut, weak demand
Oil prices declined on Thursday as investors considered a potential supply glut, as well as weakened demand in the United States, the world's largest oil ... Read More
IEA forecasts global oil glut in 2026 on strong production growth, weak demand

(The Center Square) – Surplus supplies of crude oil in global markets will reach about 4 million barrels per day in 2026 as both OPEC+ and other producers increase output while demand growth remains ... Read More
Oil Prices Fall to Lowest Point in 5 Months

'Mounting concerns of a global supply surplus weighed on the market', said Daniel Takieddine, Co-founder and CEO of Sky Links Capital Group. Oil prices fell to their lowest point in five months on ... Read More
Concerns of a Global Supply Glut and Weak Energy Demand Hammer Crude Prices

November WTI crude oil (CLX25) on Thursday closed down -1.30 (-2.10%), and November RBOB gasoline (RBX25) closed down -0.0349 (-1.85%). Crude oil and gasoline prices sold off on Thursday, with crude ... Read More
World Bank sees 7% drop in global commodity prices as oil glut expands

Oil oversupply, weak growth to drive price decline •Says fertilizer costs to rise 21% •Warns Nigeria to brace for fiscal shiftsGlobal commodity prices are forecast to fall by seven per cent in both ... Read More
Oil Tankers Jam Seas as Global Glut Builds

China, the world’s largest importer of crude oil, has been stockpiling it at a rate of close to 1 million barrels daily since the start of the year. Vortexa: 1.2 billion barrels of crude oil are ... Read More
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