Why Oil Just Surged To 7-Week Highs - And What Happens Next
Benzinga·2025-09-29 12:53
While most investors were focused on Fed policy, gold and tech earnings, a supply crisis was quietly brewing in global energy markets that would soon send oil prices rocketing.Oil prices surged to multi-week highs as September 2025 ends, with WTI crude climbing 0.95% to 70.70 (marking the biggest weekly gain since June). This dramatic rally stems from a convergence of supply disruptions and geopolitical tensions that could reshape energy markets heading into 2026.The pr ...