22 January 2026 Bernstein Energy: Oil inventories build while geopolitics take centre stage Asia-Pacific Oil & Gas Neil Beveridge, Ph.D. +852 2123 2648 neil.beveridge@bernsteinsg.com Bob Brackett, Ph.D. +1 917 344 8422 bob.brackett@bernsteinsg.com Irene Himona, Ph.D. +44 20 7762 5353 irene.himona@bernsteinsg.com We expect inventories to build through 2026, with supply growth outpacing demand. Global oil demand is expected to grow by almost1.0MMbls/d to 105MMbls/ d with non-OECD Asia (0.4MMbls/d) contributin ...

By Scott DiSavino NEW YORK (Reuters) - Oil prices slid on Thursday, settling about 2% lower as concerns over possible softening of U.S. demand and broad oversupply offset threats to output from the conflict in the Middle East and the war in Ukraine. Brent crude futures fell $1.12, or 1.7%, to settle at $66.37 a barrel. U.S. West Texas Intermediate (WTI) crude fell $1.30, or 2.0%, to settle at $62.37. The International Energy Agency said in its monthly report that world oil supply will rise more rapidly ...