Oil Prices Rise Amid Yemen Tensions and Ukraine Uncertainty
Originally Published 13 days ago — by Crude Oil Prices Today | OilPrice.com
WTI crude oil prices rose by 2.5% to $58.17 amid escalating Yemen tensions and stalled Ukraine peace negotiations, with market concerns about supply disruptions due to ongoing conflicts. Despite recent gains, long-term forecasts are cautious due to rising global inventories and oversupply, leading analysts to lower future price expectations for 2026 and 2027.