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Oil Traders Split by Supply and Geopolitics
Crude oil markets are locked in a psychological tug-of-war as bearish oversupply forecasts clash with bullish geopolitical risks. While analysts expect 2026 prices to soften due to abundant supply, tensions involving Iran and Venezuela keep traders hesitant to sell aggressively. This emotional split fuels volatile, range-bound trading, as investors debate whether fundamentals or political risk will dominate price direction.









