contango

Oil prices stabilise as oversupply concerns ease- oil and gas 360

Oil rises in choppy trade as investors focus on supply signals

October 21, 2025

(Investing.com)– Oil prices steadied on Tuesday on easing concerns about an oversupplied market and the trade dispute between the U.S. and China, the world’s top two oil consumers. Brent crude futures were up 7 cents, or 0.11%, at $61.08 a barrel at 1320 GMT. The U.S. West Texas Intermediate crude (WTI) contract for November delivery, set to expire on Tuesday, was

Oil market braces for contango and shale slowdown

October 14, 2025

(Oil Price)– The prospect of a contango is casting a shadow over oil markets, with the entire 2026 WTI futures curve now trading below $60 per barrel—beneath breakeven levels for most new shale wells. TotalEnergies CEO Patrick Pouyanné and Vitol’s Russel Hardy warn that prices this low could cut U.S. shale output by 200,000 to 300,000 barrels per day next

Oil rises in choppy trade as investors focus on supply signals

Oil market braces for contango and shale slowdown

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