Economics ❯ Market Analysis ❯ Oil Prices

Forecasting

Supply and Demand Geopolitical Risk Geopolitical Influences Demand Projections Geopolitical Impact Inventory Levels Global Supply Issues Supply Chain Issues

Oil Opens 2026 Slightly Higher on Geopolitical Tension as Market Eyes OPEC+ Meeting

A persistent supply surplus frames the market narrative, with short-term support coming from sanctions and strikes.

Oil Slips Toward Weekly Loss as Trump-Putin Meeting and Record U.S. Output Weigh on Prices