Oil Traders Weigh Surplus, Geopolitical Risks to Start 2026
January 5, 2026
12 min
Full
5,088 of 5,353
January 5, 2026
Oil Traders Weigh Surplus, Geopolitical Risks to Start 2026
0:00 / 12:44
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12:44This episodeOil Traders Weigh Surplus, Geopolitical Risks to Start 2026
Summary
<p>Oil steadied on the first trading day of 2026 as expectations for a supply surplus offset geopolitical risks to production in several OPEC+ nations. Middle Eastern markets, including derivatives like the regional Dubai benchmark, faltered amid heavy selling pressure on a key trading window in Asian hours, traders familiar with the matter said. Faced with a seasonal lull in consumption, the Organization of the Petroleum Exporting Countries is leaning toward caution.</p> <p>Tim Moore is a Senior Research Analyst at Clear Street who leads the firm's coverage of the clean energy transition, as well as the oil and gas industry. He discusses the oil market outlook as well as some of the clean energy players that stand to make gains in the year ahead. Tim speaks with Carol Massar, Tim Stenovec and Bloomberg News Big Oil reporter Kevin Crowley on Bloomberg Businessweek Daily.</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>
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