Oversupply Drags WTI Below $58 as Global Oil Glut Deepens

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مدعوم بالذكاء الاصطناعي
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WTI crude prices fell below $58 per barrel due to a global oil glut, driven by oversupply and soft demand projections, with market sentiment remaining bearish.

تأثير السوق

Market impact analysis based on bearish sentiment with 89% confidence.

المشاعر
Bearish
ثقة الذكاء الاصطناعي
89%

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West Texas Intermediate crude traded sharply lower through Thursday, December 12, settling at $57.60 per barrel and posting a week-to-date loss of $2.48, or 4.13%. Market sentiment stayed firmly bearish as traders focused on heavy global supply, soft demand projections, and fading geopolitical premiums. With the week still in progress, the tone heading into Friday remained pressured by fundamental forces that continued to outweigh short-lived intraday rebounds. Oversupply has become the defining feature of the market, with traders questioning whether…

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المقال الكامل على OilPrice.com
قراءة المقال الكامل
المقال الأصلي منشور بواسطة OilPrice.com في ديسمبر 12, 2025.
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