Oil Markets Uncertain as Supply Optimism Battles Demand Doubts

Oil prices navigated a turbulent terrain this week, caught between bullish supply signals and bearish demand concerns. From the fallout of the U.S. presidential election to shifting OPEC+ strategies and China’s demand struggles, the crude market reflected the clash of forces shaping global energy. Traders faced renewed uncertainty as supply-side factors collided with weakening demand forecasts, creating a push-and-pull that has kept prices volatile. OPEC+ Delays Planned Production Increase OPEC+ provided supportive news for oil prices by…