Oil Poised for Weekly Loss on Oversupply Fears
Oil prices were headed for a weekly loss of more than 2% as concerns about a looming supply surplus outweigh ...
Thursday, May 21, 2026
Tag: oversupply
Crude Oil: WTI Likely to Test Yearly Lows Amid Significant Oversupply Concerns
WTI tests this year’s lows near $55–56, with further declines possible. Record oversupply risks and weaker demand from US-China trade ...
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