Global World News Oil Prices Fall As Reality Of Weak Global Demand Overtakes Risk Of Wider War In Middle East

The World Is Awash With Oil and Prices Are Poised to Keep Falling

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. Read More

Oil Prices Are Set to Fall Below $60 Next Year

Investment banks and the U.S. Energy Information Administration forecast a significant oil market oversupply in 2026, driven by weak demand and rising production, predicting average crude prices will ... Read More

The Global Tug-Of-War That Sets Oil Prices

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. Saudi Energy Minister Abdulaziz bin Salman Al Saud delivers a ... 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

Commodity Prices to Hit Six-Year Low in 2026 as Oil Glut Expands

WASHINGTON, October 29, 2025—Global commodity prices are projected to fall to their lowest level in six years in 2026, marking the fourth consecutive year of decline, according to the World Bank Group ... Read More