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UBS sees oil market surplus lasting into 2026, Venezuela output recovery slow

by theadvisertimes.com
6 months ago
in Business
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UBS sees oil market surplus lasting into 2026, Venezuela output recovery slow
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Jan. 05, 2026 7:35 AM ETCrude Oil Futures (CL1:COM), CO1:COMQQQ, DIA, UCO, IVV, XLE, IYE, OIH, PXJ, USO, IEZ, XES, BNO, VOO, CRAKBy: Arundhati Sarkar, SA News Editor

UBS said on Monday that it expects the market surplus to persist into early 2026 in line with seasonal trends, before gradually narrowing later in the year, adding that any meaningful recovery in Venezuelan output is likely to take a considerable amount



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Tags: LastingmarketoiloutputRecoveryseesslowsurplusUBSVenezuela
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