Crude Oil to remain under pressure in 2026 as oversupply outweighs geopolitical risks: Analysts

By Kaushal Verma

New Delhi [India], December 29 (ANI): Crude oil markets are likely to remain under sustained pressure in 2026 as chronic oversupply, swelling inventories and modest demand growth outweigh geopolitical risks, giving prices range bound to bearish tone despite efforts by OPEC+ to defend price floors, analysts said.

'The 2026 outlook for crude oil is defined by a transition into a period of chr