Global Demand, Geopolitics to Remain Pivotal Factors for Oil Prices in 2026

Razan Hilal, FOREX.com Market Analyst, breaks down the forces shaping crude oil’s uncertain path into 2026 as oversupply pressures meet slowing demand and multi-year downtrend structures. She explores how petrochemicals offer selective support while geopolitical risks from global powers create wide price outcomes.

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