Sub Banner Image

Oil Heads for Monthly Loss as Traders Weigh Glut, Geopolitics

Markets

Paul Burkhardt, Alex Longley, Mia Gindis

·

August 28, 2025

·

Bloomberg

Oil edged lower on course for a monthly loss, with trading dominated by concerns about a looming glut and geopolitical issues, including US-led efforts to end the war in Ukraine.

More from

Bloomberg

More

Markets

Articles

Trending News

Enjoy premium content in your inbox.

You're in! Check your email to learn more.
Oops! Something went wrong while submitting the form.