Global Oil Rebound Faces Turbulence From Geopolitical Risk, Cost Shock

Global oil market operations is yet to stabilise as oil industry executives fear volatile policy signals, following uncertainties in global politics.
They remain concerned that geopolitical uncertainty, rising costs and volatile policy signals could complicate planning for the remainder of 2026, according to the latest Dallas Fed Energy Survey.
The survey’s business activity index climbed from 21.0 in the first quarter to 46.1 in the second quarter, its strongest reading since mid-2022, while capital spending also accelerated as nearly half of respondents reported increasing investment. Oil production posted modest gains, although natural gas production remained largely flat.
Despit...