Oil steadied on the first trading day of 2026 as expectations for a supply surplus offset geopolitical risks to production in several OPEC+ nations. Middle Eastern markets, including derivatives like the regional Dubai benchmark, faltered amid heavy selling pressure on a key trading window in Asian hours, traders familiar with the matter said. Faced with a seasonal lull in consumption, the Organization of the Petroleum Exporting Countries is leaning toward caution.

Tim Moore is a Senior Research Analyst at Clear Street who leads the firm's coverage of the clean energy transition, as well as the oil and gas industry. He discusses the oil market outlook as well as some of the clean energy players that stand to make gains in the year ahead. Tim speaks with Carol Massar, Tim Stenovec and Bloomberg News Big Oil reporter Kevin Crowley on Bloomberg Businessweek Daily.

Oil&nbsp;steadied on the first trading day of 2026 as expectations for a supply surplus offset geopolitical risks to production in several OPEC+ nations.&nbsp;Middle Eastern markets, including derivatives like the regional Dubai benchmark, faltered amid heavy selling pressure on a key trading window in Asian hours, traders familiar with the matter said. Faced with a seasonal lull in consumption, the Organization of the Petroleum Exporting Countries is leaning toward caution.
Tim Moore is a Senior Research Analyst at Clear Street who leads the firm's coverage of the clean energy transition, as well as the oil and gas industry. He discusses the oil market outlook as well as some of the clean energy players that stand to make gains in the year ahead. Tim speaks with Carol Massar, Tim Stenovec and Bloomberg News Big Oil reporter Kevin Crowley on Bloomberg Businessweek Daily.

Carol Massar and Tim Stenovec bring you reporting from the magazine that helps global leaders stay ahead, plus insight on the people, companies and trends shaping today's complex economy.  Watch us LIVE on YouTube: http://bit.ly/3vTiACF.

Carol Massar and Tim Stenovec bring you reporting from the magazine that helps global leaders stay ahead, plus insight on the people, companies and trends shaping today's complex economy.&nbsp; Watch us LIVE on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

Oil Traders Weigh Surplus, Geopolitical Risks to Start 2026

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