Market Analysis

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IEA Flags Russian Oil Slump and Trims 2026 Glut Forecast

Prices stayed weak this week as oversupply expectations outweighed new sanction‑driven supply risks.

IEA Cuts 2026 Oil Surplus Forecast as OPEC Counters With Near-Balance View

Oil Rebounds After Ukrainian Strike Damages Russia’s Novorossiysk Export Hub

Oil Slumps as OPEC Shifts 2026 Forecast to Balanced Market

Oil Extends Slide After Aramco Cut and Surprise U.S. Inventory Build

Oil Rallies to Three-Week Highs on U.S. Stock Draws, Russia Sanctions Risk

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

Oil Set for Biggest Weekly Gain Since June as Russian Fuel Export Curbs Lift Prices

Oil Markets Brace for Record Glut After OPEC+ Output Hike

Oil Holds Ground as Traders Brace for Fourth OPEC+ Supply Increase

Oil Rebounds on U.S. Draws as OPEC+ Meeting Approaches