Reported 2 days ago
As crude oil prices increased slightly after OPEC+'s announcement of a small production hike, concerns about potential oversupply loom due to expected weak demand in the fourth quarter of 2025. With a cautious economic outlook and rising inventories, market analysts suggest a bearish sentiment towards oil, despite geopolitical risks that may support prices. Investors should monitor oil ETFs carefully during this uncertain period.
Source: YAHOO