Oil Markets Uncertain as Supply Optimism Battles Demand Doubts ...Middle East

OILPRICE - Economy
Oil Markets Uncertain as Supply Optimism Battles Demand Doubts
source : OILPRICE ( Middle East ) () 54
Oil prices navigated a turbulent terrain this week, caught between bullish supply signals and bearish demand concerns. From the fallout of the U.S. presidential election to shifting OPEC+ strategies and China’s demand struggles, the crude market reflected the clash of forces shaping global energy. Traders faced renewed uncertainty as supply-side factors collided with weakening demand forecasts, creating a push-and-pull that has kept prices volatile. OPEC+ Delays Planned Production Increase OPEC+ provided supportive news for oil prices by…

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