global oil supply

Dec 26, 2025

Oil falls $1 on looming supply glut, hopes for Ukraine peace deal

Oil prices fell by more than $1 a barrel on Friday as investors weighed a looming global supply glut and a reduced war risk premium, amid hopes of a Ukraine peace deal ahead of talks this weekend between Ukrainian President Volodymyr Zelenskiy and U.S. President Donald Trump.

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global oil supply

Oil falls $1 on looming supply glut, hopes for Ukraine peace deal

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