Globally oil surplus – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Sat, 31 Jan 2026 20:58:06 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Globally oil surplus – InfoStride News https://www.theinfostride.com 32 32 World Bank Forecasts Commodity Prices to Plunge to Six-Year Low Amid Global Oil Surplus https://www.theinfostride.com/world-bank-forecasts-commodity-prices-to-plunge-to-six-year-low-amid-global-oil-surplus/ https://www.theinfostride.com/world-bank-forecasts-commodity-prices-to-plunge-to-six-year-low-amid-global-oil-surplus/#respond Sun, 01 Feb 2026 21:00:10 +0000 https://www.theinfostride.com/?p=470407 The World Bank has projected that global commodity prices will decline sharply in 2025, reaching their lowest levels in six years, driven largely by an oversupply in the oil market and weakening demand across major economies. In its latest Commodity Markets Outlook report, the Bank warned that oil prices could fall below $70 per barrel [...]

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