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Oil outlook 2026: Surplus keeps Brent near $58, but long-term supply risks loom
11 Dec 2025 07:07 GMT
… 2025–26. OPEC is also set to unwind production cuts gradually in the … needs large volumes of new oil supply well into the … year just to maintain current output. “It effectively means the … to this investment challenge. Oil consumption is now projected to …
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Global Oil Glut Fears Weigh on Crude Prices
11 Dec 2025 04:51 GMT
… to cut the price of its Arab Light crude oil for … 2.2 million bpd production cut it made in early … US production exceeded expectations and OPEC also ramped up crude output. OPEC said … seasonal average. US crude oil production in the week ending November …
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Crude Oil Advances As U.S. Dollar Weakens Amid Rate Cut Expectations
11 Dec 2025 01:22 GMT
… rate cut by the U.S. Federal Reserve.
WTI Crude Oil … 502 million barrels and heating oil inventories by 442,000 … core members of OPEC+ that are unwinding production cuts increased crude output by 160 … and OPEC that could provide more clarity on the oil price …
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Crude Oil Prices Recover as US Seizes a Tanker Off the Coast of Venezuela
11 Dec 2025 01:12 GMT
…
Concerns about a global oil supply cut are bearish for prices … to cut the price of its Arab Light crude oil … US production exceeded expectations and OPEC also ramped up crude output. OPEC said … seasonal average. US crude oil production in the week ending …
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A billion-barrel oil glut is forming at sea
10 Dec 2025 17:47 GMT
… . OPEC+ has been pumping more oil as it unwinds production cuts, … and supply is also increasing from non-OPEC … sanctioned a Chinese oil terminal in Shandong province … an unusually steady oil price despite growing oversupply …
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ADNOC Gas shines despite crude oil slump
10 Dec 2025 13:20 GMT
… additional US sanctions on Russian oil companies and war in … in Brent crude. However, non-OPEC+ countries, such as the US … Guyana pumped way more oil dragging crude oil prices. The accelerating adoption … also further cooled demand.
To cut a long story short: …
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Oil Finds a Floor as Refining Margins Flash Stress Signals
10 Dec 2025 12:06 GMT
… trigger broad selling across the oil complex earlier in the … near-term demand unless supply cuts or outages counterbalance the … and reduced pressure on oil-linked currencies such as … data, any fresh communication from OPEC members about supply discipline, …
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Russian Crude Output Lags OPEC+ Quota
09 Dec 2025 20:51 GMT
… crude oil output last month was well below its OPEC+ quota … production has lagged its monthly OPEC+ quota, including compensation cuts, … laggards in complying with OPEC+ output agreements, pumping above … has capacity to raise oil production further, but will …
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China Hikes Purchases of Saudi Crude after Major Price Cut
09 Dec 2025 18:09 GMT
… accelerated purchases of Saudi crude oil for January to the highest … January 2021.
The Saudi price cut was widely expected by the … as OPEC+ raises output through December, and Saudi Arabia is raising production by …
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Crude Oil Tumbles as the Dollar Strengthens and Equities Fall
09 Dec 2025 12:03 GMT
… Thursday cut the price of its Arab Light crude oil for … 2.2 million bpd production cut it made in early … US production exceeded expectations and OPEC also ramped up crude output. OPEC said … seasonal average. US crude oil production in the week ending November …