Latest Oil Market News and Analysis for Oct. 21
Latest Oil Market News and Analysis for Oct. 21
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Latest Oil Market News and Analysis for Oct. 21

🕒︎ 2025-10-21

Copyright Bloomberg

Latest Oil Market News and Analysis for Oct. 21

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Oil was steady as investors weighed signs of a swelling surplus ahead of trade talks between the US and China later this week. Brent traded below $61 a barrel after falling 0.5% on Monday, while West Texas Intermediate was near $57. The amount of crude on tankers at sea has risen to a record high as producers keep adding barrels, according to data from Vortexa. The build-up of supply comes as demand growth slows.

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