From Oil to LNG, Too Much Supply Is Still the Problem in 2026 ...Middle East

Economy by : (OILPRICE) -
Crude oil began trade this year with a dip, despite the news about U.S. strikes on Venezuela and the taking of President Nicolas Maduro to the U.S. Normally, such events would have pushed oil higher, but not this year. This year, oil prices will need a much more major disruption to rebound – and so will gas prices. Brent crude was trading at a little over $60 per barrel at the start of the first full trading week of 2026, after President Trump announced the capture of the Venezuelan president, accompanied by statements regarding the country’s…

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