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Oil prices in 2026 to hinge on supply discipline and geopolitics
Oil prices in 2026 will depend on OPEC+ supply decisions, global demand trends, and geopolitical risks, keeping crude markets exposed to volatility.
Crude oil markets in 2026 are expected to be shaped by OPEC+ production strategy, global demand recovery, and geopolitical tensions. Supply discipline from major producers remains a key variable, while energy transition policies add uncertainty to long-term consumption trends. Analysts note that price volatility could persist as inventories, trade flows, and geopolitical flashpoints influence market balance throughout the year.