Tag: Oversupply
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Oil Costs Rise Amid Oversupply Issues
WTI crude futures superior greater than 3% throughout the last full buying and selling week of 2025, rising to $58.46 after gaining $1.94 since final Friday. The rally stands out throughout a historically muted interval between Christmas and New 12 months’s, when skinny liquidity typically dampens motion. As an alternative, geopolitical occasions have reshaped short-term…