๐ข๏ธ The oil market is shiftingโฆ and the barrel is below $60!
Oil is now not just a price indicatorโฆ
It is a true measure of the strength of the global economy.
In recent days, Brent crude has fallen to its lowest level in months, trading around less than 60$ per barrel, amid a persistent global supply surplus and weak demand pressures.
๐ Key points: โ๏ธ Global supply surplus is rising
โ๏ธ Oil inventories are increasing
โ๏ธ Global demand has not regained its full strength
โ๏ธ 2026 forecasts indicate this price pressure will continue
๐ What is actually happening?
Producing countries (including OPEC+) have not made significant cuts in production.
Supply continues to exceed demand.
Global inventories are piling up more, which limits price increases.
๐ง Hereโs the key analysis: ๐ Low oil prices are not just a โtemporary dropโโฆ
They are a broader signal of:
Weakness in global demand
A shift in energy dynamics
The possibility of continued price pressure until 2026
๐ Direct implications: โ๏ธ Lower energy costs for consumers
โ๏ธ Reduced profit margins for energy companies
โ๏ธ Changes in liquidity decisions and monetary policy
โ๏ธ Impact on stocks and energy-related commodities
๐ In conclusion: Oil is now below 60$ is a profound economic message more than a price news.
The market is changingโฆ and we must understand the reason before the price.
#Oil #Brent #EnergyMarkets #Macro #Economy