Ernsberger: Expect Oil Prices to Fall Before 2025 End

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Oil prices are expected to fall before the end of 2025 due to a potential glut and increased production from OPEC+, despite progress on US-China trade talks offsetting some concerns.

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Market impact analysis based on bearish sentiment with 80% confidence.

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Bearish
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Oil steadied as progress between the US and China on trade was offset by concerns about a glut. Meanwhile OPEC+ has pushed ahead with output increases despite warnings that it may pause or reverse its campaign of production hikes. Dave Ernsberger, President of S&P Global Commodities Insight spoke to Bloomberg’s Jennifer Zabasajja on Horizons Middle East & Africa to give their outlook to the oil market. (Source: Bloomberg)

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Original article published by Bloomberg on October 27, 2025.
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