Elaia Weekly View

🌿 Elaia Weekly View – Week 50 / 2025

Oil prices are approaching a structural bottom

After two years of steady declines driven by oversupply, OPEC’s policy shift, extreme pessimism in speculative positioning, and a flattening futures curve all point to an upcoming stabilization — and potentially the first leg of a rebound toward USD 70/bbl.

In this week’s analysis, we explore why the downside now appears limited, what could trigger a trend reversal, and how each segment of the Energy sector may react if the recovery unfolds.

A turning point may be near for one of the most cyclical markets in the global economy.

Link to full PDF available here

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