Oil Prices
Oil Markets Grapple with Bearish Winds: Surging Supply, Strong Dollar, and Waning Demand Drive Prices Downward
The global oil market is currently navigating a period of intense volatility, characterized by a distinct downward trend in crude prices leading up to mid-October 2025. This significant shift is primarily driven by a confluence of factors: persistent projections of oversupply from the U.S. Energy Information Administration (EIA), the