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    Home»News»Oil drifts to new five-month lows on supply glut worries, trade tensions (USO:NYSEARCA)
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    Oil drifts to new five-month lows on supply glut worries, trade tensions (USO:NYSEARCA)

    Press RoomBy Press RoomOctober 21, 2025No Comments1 Min Read
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    Oct. 20, 2025 7:21 PM ETUnited States Oil Fund, LP ETF (USO), CL1:COM, UCO, XLEDBO, UNG, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOI, CO1:COM, NG1:COMBy: Carl Surran, SA News Editor
    Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

    SlavkoSereda/iStock via Getty Images

    Crude oil futures edged slightly lower Monday, extending last week’s downward trajectory as investors assessed a looming supply glut, U.S.-China trade tensions, and weaker energy demand.

    Oil prices remain on the defensive with a supply surplus looming while another Trump-Putin

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