Oil's Wild Ride: Russia Risks Trump Oversupply Fears
Update: 2025-09-12
Description
Oil prices whipsawed on Sept. 12! After plunging on oversupply fears, prices surged when Russian oil output risks surfaced. WTI jumped 2.3% to $63, Brent soared 2.4% to $68, while natural gas saw a smaller rise. The key takeaway? Geopolitical jitters trump supply/demand data, and Russian uncertainty can spark instant rallies. Expect continued volatility as traders react to every rumor and headline.
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