Oil Supply Surplus May Drive Prices Down to $35 a Barrel Next Year, Even with U.S.-China Trade Agreement.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 30 2025
0mins
Source: MarketWatch
U.S.-China Trade Deal: President Trump announced a trade truce with China, which includes a reduction of U.S. tariffs on Chinese goods.
Oil Supply Concerns: Despite the trade agreement, a new report indicates a potential record-high global surplus of crude oil is expected next year, raising concerns about market stability.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
