market oversupply News

Oil Prices Dip Over 1% Amid Renewed Trade Tariff Worries and OPEC+ Production Rumors

Crude oil prices dropped over 1% due to renewed concerns over potential U.S. trade tariffs and rumors of OPEC+ increasing production, raising fears of market oversupply. WTI and Br...

Oil Prices Slide by 1% Amid Growing Fears of Market Oversupply

Oil prices declined for a third consecutive session due to OPEC+'s decision to increase production and new US tariffs, sparking fears of oversupply and economic slowdown impacts on...