Oil Isn’t Cheap But It Might Become So

ForbesTuesday, December 2, 2025 at 1:29:11 PM
Oil Isn’t Cheap But It Might Become So
  • Recent fluctuations in oil prices indicate a drop, but they are not considered cheap. The long-term outlook for oil prices hinges on the persistence of resource nationalism, which appears to be diminishing.
  • This situation is critical for the oil market, as the balance between supply and demand, influenced by geopolitical factors and economic policies, will determine future pricing strategies and market stability.
  • Broader economic pressures, such as rising tariffs affecting the U.S. oil and gas industry and ongoing geopolitical tensions, particularly regarding Ukraine and Russia, are shaping the current market landscape, complicating the outlook for oil prices.
— via World Pulse Now AI Editorial System

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