Tuesday, October 28, 2025
OPEC Cuts Will Bring Crude Oil into Balance in 2017: UBS

Trans-Atlantic Oil-Price Spread Soars as Supply Glut Disappears

From The Wall Street Journal U.S. oil prices are lagging behind global oil prices climbing toward $80 a barrel, the latest sign of a market that has gone from glutted to exceptionally tight in the past year. U.S. oil futures are trailing Brent, the global benchmark, by more than $7 a barrel, settling at $71.28 a barrel on Friday. The