Oil Futures Open Year Lower on Oversupply Concerns
WSJ·2026-01-02 14:43
Core Viewpoint - Oil futures began the year on a downward trend due to concerns about oversupply, which are somewhat mitigated by geopolitical risks [1] Group 1 - Oil futures are lower at the start of the year [1] - Concerns about oversupply are impacting oil prices [1] - Geopolitical risks are partially containing the oversupply concerns [1]