Workflow
Crude Oil Prices Forecast: Conflicting Outlooks From IEA, EIA, and OPEC Confuse the Market
FX Empire·2025-08-26 20:00

Richmond Lee, CFA and Senior Market Analyst at PU Prime, commented:“Oil prices remain caught between bearish structural drivers and short-term geopolitical risks. Longer-term pressures such as rising electric vehicle adoption and expectations of higher supply continue to weigh on sentiment.At the same time, renewed tensions in the Russia–Ukraine conflict are injecting volatility. Reports of drone strikes on the Kursk nuclear power plant in western Russia have heightened uncertainty, even as U.S. President D ...