The world's oil market has problems. There are problems between countries. Money rules are changing. Also, people want cleaner energy.
The US stopped some oil from Venezuela. This makes oil less sure. It is a strong move. It puts pressure on Venezuela's government. It might not change oil supply much. But people worry about future oil.
Also, the US bank might lower interest rates. This is because jobs are not strong. Lower rates can make the US dollar weaker. A weak dollar can help oil prices rise.
The world still needs oil and gas. It takes time to reach climate goals. Big oil companies will make oil for years. New ways help them get more oil. Some US companies will make more oil soon.
There is also too much gas. New gas projects will start soon. By 2030, there will be more gas. Gas prices in Europe are lower now. This is good for people.
Experts have different ideas about oil prices. Some think prices will be okay in 2026. Others think prices will be lower next year. Some think prices could rise by 2028. The oil market is complex.