brentcrude

Oil Prices Drop Below $60 as Oversupply Concerns Resurface

International crude futures continued to decline on Wednesday:

WTI Dec Light Crude: $59.60/barrel, -1.59%

Brent Crude: $63.52/barrel, -1.43%


WTI has fallen below the $60 psychological level, driven by global economic growth concerns and renewed expectations of oversupply, particularly after OPEC+ slightly increased production.

While the U.S. government shutdown risk adds uncertainty to energy demand, overall market pessimism dominates. The decline in oil prices signals easing supply chain pressures, which may help reduce inflationary costs for industrial production and consumer goods, giving central banks more policy flexibility.

#OilPrices #WTI #BrentCrude #OPEC #EnergyMarkets #MacroEconomy #Inflation

⚡ Oil Surges After US Sanctions on Russia

Brent crude jumped over 5%, crossing $65/barrel, after the U.S. blacklisted state-run giants Rosneft PJSC and Lukoil PJSC.

🌍 Impact:

Concerns over supply disruptions.

Traders prepare for a reshuffle in global energy flows.

The EU follows with new sanctions targeting Russia’s energy infrastructure.

India, a major Russian oil buyer, warns of possible shipment disruptions.

Trade Here👇



#Oil #BrentCrude #EnergyMarkets #RussiaSanctions #GlobalEconomy

🚨 JPMORGAN WARNS OF MASSIVE OIL GLUT BY 2027 🚨

NON-OPEC+ SUPPLY SURGE COULD CRASH BRENT INTO THE $30s IF NO CUTS MADE 💥📉

#BrentCrude #OPEC #OilMarket #CommodityCrash #MarketWatch
$SOL $BNB $BTC

Oil prices slipped Monday morning after President Trump’s meeting with Russia’s Vladimir Putin ended without fresh measures targeting Russian oil exports. Brent crude eased 0.39% to $65.59, while WTI dipped 0.29% to $62.62, briefly touching $62.48 at the open.

Markets viewed the absence of new sanctions as a signal that supply risks remain contained for now, relieving upward pressure on prices. Later today, Trump is expected to meet with Ukraine’s Zelenskyy and European leaders, where discussions may nudge Kyiv toward considering a land-for-peace arrangement with Moscow.

RBC’s Helima Croft noted that the oil market remains stable, with any tougher steps—such as sanctioning Russian oil buyers—likely postponed for several weeks.

#DonaldTrump
#VladimirPutin
#RussianOil
#BrentCrude
#WTI