Ample supply, subdued demand to curb oil prices despite geopolitical risks: Reuters poll

A recent Reuters poll indicates that despite ongoing geopolitical risks, oil prices are expected to remain subdued due to ample supply and weak demand. This situation highlights the complex dynamics of the oil market, where external factors like political tensions can influence prices, but fundamental supply and demand principles still play a crucial role. Understanding these trends is essential for investors and consumers alike, as they navigate the implications for energy costs and economic stability.