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04 AUG 2026 TUESDAY
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Oil just suffered a notable plunge—Brent dropped 6.8% and WTI fell 8.2% in a single day, wiping out weeks of bullish momentum. The big question: is this the start of a deeper slide, or a short-term shakeout? Geopolitics vs. Supply: Oil’s Tug of War The latest tumble in Brent Oil (LCO) and Crude Oil (CL) ...
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news Hellenic Shipping News ·2026-07-28

Oil price outlook: OPEC+ supply hike and weak demand signal further downside

Hellenic Shipping News
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