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Oil Price - US frackers were already facing a global oil supply glut. Trump’s Venezuelan dream could make it worse

12-01-2026 02:01

Picture is as murky as a barrel of oil, with US companies in 2026 expecting their first production drop in four years ...

Oil prices seen falling further in 2026 before modest recovery

Geopolitical risks were likely to continue driving oil price swings, but Goldman Sachs said excess supply was expected to keep futures lower this year before a modest recovery in 2027.

Oil prices rise as bloody crackdown on Iran protests suggests Tehran fears a ‘dire security threat to the regime’ with loyalty of forces in doubt

"There are further indications that the ongoing protests are challenging the ability and willingness of Iranian security forces to crack down on the protests." ...

Goldman projects lower oil prices in 2026 as supply swells

Oil prices are likely to drift lower this year as a wave of supply creates a market surplus, although geopolitical risks tied to Russia, Venezuela and Iran will continue to drive volatility, Goldman ...

Crude Oil Price Outlook – Crude Attempting to Break Resistance

The light sweet crude oil market has fallen a bit in the early hours of Friday trading, along with the Brent market. However, both have now turned around and are threatening a breakout.

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