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WTI Crude Struggles as Global Supply Surplus Fears Intensify

WTI Crude Struggles as Global Supply Surplus Fears Intensify

WTI crude oil settled at $56.37 as of Friday morning, marking a difficult week for energy bulls. Analysts are warning that a growing global glut and an aggressive White House agenda to keep fuel prices low could push prices toward the $50 mark next year.

WTI Crude Jumps as Trump Orders Blockade of Sanctioned Tankers

WTI Crude Jumps as Trump Orders Blockade of Sanctioned Tankers

West Texas Intermediate (WTI) crude settled near $57 per barrel after US President Donald Trump ordered a blockade of oil tankers under sanctions. This move has introduced a fresh geopolitical risk premium, temporarily easing market fears regarding a global crude surplus.

WTI Oil Slumps to Fresh Lows on Global Surplus Fears

WTI Oil Slumps to Fresh Lows on Global Surplus Fears

WTI crude oil prices have fallen to their lowest levels in years, deepening the weekly loss. The market is overwhelmingly bearish, driven by the persistent forecast of a massive global supply surplus in 2026 from resilient non-OPEC producers like the US and Brazil.

WTI Crude Hits Multi Week Low on Growing Global Oversupply Fears

WTI Crude Hits Multi Week Low on Growing Global Oversupply Fears

WTI crude oil prices continue their downward slide, trading near a multi-week low. The market is overwhelmingly bearish, focusing on forecasts of a significant global supply surplus and the lack of strong demand signals from major consumer economies.

WTI Oil Stabilizes Near $58 Amidst Fears of Looming Supply Glut

WTI Oil Stabilizes Near $58 Amidst Fears of Looming Supply Glut

WTI crude oil prices have stabilized around $57.44 but remain under pressure. The market is pricing in a bearish outlook for 2026, driven by forecasts of a significant supply surplus from non-OPEC producers.

Oil Prices Hold Steady as Traders Weigh Supply Glut Against Geopolitics

Oil Prices Hold Steady as Traders Weigh Supply Glut Against Geopolitics

WTI crude is stabilizing near $60 as the market balances bearish supply fundamentals against bullish geopolitical risks. Stalled peace talks in Europe have reintroduced a risk premium, preventing a price collapse.

Crude Oil Rally Sparks Global Concern: Iran Conflict, Strait of Hormuz in Spotlight

Crude Oil Rally Sparks Global Concern: Iran Conflict, Strait of Hormuz in Spotlight

Global crude oil markets witnessed a sharp rally on Friday following heightened geopolitical tensions between Iran and Israel. WTI Crude Futures surged by 7.2% to settle at $72.98 per barrel, while Brent Crude prices climbed 7.02% to $74.23 per barrel. Natural gas prices also edged higher, rising 2.55% to $3.58 per MMBtu.

WTI Oil Drifts Lower as Oversupply Concerns Overwhelm Geopolitical Risk

WTI Oil Drifts Lower as Oversupply Concerns Overwhelm Geopolitical Risk

WTI crude oil prices continue to struggle, with the dominant narrative being the projected global supply glut for 2026. The increasing output from the Americas is effectively counteracting any support from ongoing geopolitical tensions.