Poging GOUD - Vrij
Oil prices steady but glut a worry
Bangkok Post
|January 05, 2026
Oil prices steadied on the first trading day of 2026 as expectations for a supply surplus offset geopolitical risks in several Opec+ nations.
-
Brent crude futures settled below $61 a barrel on Friday in relatively thin trading, while West Texas Intermediate (WTI) settled above $57. Middle Eastern markets, including derivatives like the regional Dubai benchmark, faltered amid heavy selling pressure on a key trading window in Asian hours, traders said.
Oil closed out 2025 last Wednesday with its steepest annual loss since 2020 as the market confronted wide-ranging geopolitical risks and steadily rising supplies across the globe. A punishing surplus is expected to weigh on prices in 2026.
WTI fell 0.9% to settle at $57.42, completing a 20% decline for the year. In the short term, traders are focused on Opec+ and President Donald Trump’s policies toward Russia, Iran and Venezuela.
Dit verhaal komt uit de January 05, 2026-editie van Bangkok Post.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Bangkok Post
Bangkok Post
Powell: Trump launches criminal probe of Fed
Budget overruns on renovations targeted
3 mins
January 13, 2026
Bangkok Post
Firms' reliance on foreign workers faces major test
Across Japan, foreign workers are keeping factories, fisheries, and workshops afloat.
4 mins
January 13, 2026
Bangkok Post
New SCB chief likely to move over from card division
SCB X Group, a financial technology conglomerate and holding company of Siam Commercial Bank (SCB), looks set to appoint the head of Card X as SCB's next top executive as the group prepares for broad management changes.
2 mins
January 13, 2026
Bangkok Post
Lee to head to Japan week after meeting Xi in China
South Korean President Lee Jae-myung is set for a summit with Japanese Prime Minister Sanae Takaichi today, a week after one with Chinese President Xi Jinping, as Seoul seeks to balance ties with both neighbours.
2 mins
January 13, 2026
Bangkok Post
Delinquent student loan holders targeted
Fund prepares legal enforcement
2 mins
January 13, 2026
Bangkok Post
PP optimistic on forming govt
People's Party (PP) deputy leader, Wiroj Lakkhanaadisorn, yesterday expressed confidence the party will form the next government if it finishes first in the upcoming election, saying it is ready to work with any party committed to cracking down on scam networks and not compromising its core mission.
1 mins
January 13, 2026
Bangkok Post
Is an occasional cigarette really that bad?
Q: I'll have a cigarette at parties, especially when other people are partaking.
3 mins
January 13, 2026
Bangkok Post
Salah, fellow stars aim to deny hosts as Afcon enters last 4 stage
The Africa Cup of Nations has reached the semifinal stage and a tournament devoid of shocks now offers up two mouthwatering ties with hosts Morocco looking to see off the challenges of their fellow continental heavyweights.
2 mins
January 13, 2026
Bangkok Post
Volkswagen hit hard in US by headwinds
The German automaker's sales in the United States plunged more than its rivals' last year, hit by tariffs and the end of tax credits for electric vehicles, writes Jack Ewing from New York
4 mins
January 13, 2026
Bangkok Post
Ekstrom takes Dakar stage as Al-Attiyah clings to lead
Mattias Ekstrom won stage seven of the Dakar Rally on Sunday as the field started the second week in Saudi Arabia with late drama for Toyota’s Henk Lategan while Qatar's Nasser Al-Attiyah stayed top in the car category.
1 min
January 13, 2026
Listen
Translate
Change font size