oil prices higher Archives

Higher-for-longer oil scenario is here to stay

July 21, 2026

(Oil Price) – Oil prices have been on a climb for over a week now as hostilities in the Middle East continue, and despite recent talk of a glut, the physical market is flashing signs of tightness—and higher oil for longer. Earlier this month, analysts were quick to start warning of an oil glut looming over the world as traffic via

Oil prices settle higher on force majeure at Kazakh field, slow Venezuela exports

January 22, 2026

(Investing) – HOUSTON – Oil prices closed 0.5% higher on Wednesday on optimism around tighter supply after a temporary shutdown at two large fields in Kazakhstan and as low volume of Venezuelan oil exports highlighted slow progress in reversing output cuts in the South American country. Brent futures settled up 32 cents, or 0.5%, to $65.24 a barrel, while the U.S. West Texas

oil prices higher

Higher-for-longer oil scenario is here to stay

Oil prices settle higher on force majeure at Kazakh field, slow Venezuela exports

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