{"id":59704,"date":"2026-08-15T10:53:12","date_gmt":"2026-08-15T10:53:12","guid":{"rendered":"https:\/\/www.vtmarkets.com\/en-ca\/uncategorized\/oil-prices-finding-a-balance-between-slowing-demand-and-tightening-supply\/"},"modified":"2026-08-15T10:53:12","modified_gmt":"2026-08-15T10:53:12","slug":"oil-prices-finding-a-balance-between-slowing-demand-and-tightening-supply","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/oil-prices-finding-a-balance-between-slowing-demand-and-tightening-supply\/","title":{"rendered":"Oil prices finding a balance between slowing demand and tightening supply"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Key Points:<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>After minor declines, Brent crude oil and WTI are trading at $83.62 per barrel and $80.65 per barrel respectively.\u00a0<\/li>\n\n\n\n<li>US crude inventories fell by 4.4 million barrels, indicating tightening supply.\u00a0<\/li>\n\n\n\n<li>Geopolitical risks in the Red Sea add to market uncertainties.\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Oil prices remained steady reflecting a balance between declining demand growth and tightening supply. Global benchmark Brent crude oil (Symbol: UKOUSD) dropped slightly to $83.62 a barrel. Similarly, US West Texas Intermediate (WTI) crude (Symbol: USOUSD) also fell to $80.65 a barrel.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2024\/07\/UKOUSD-1024x473.jpeg\" alt=\"brent-ukousd-stable\" class=\"wp-image-14211\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2024\/07\/USOUSD-1024x473.png\" alt=\"wti-usousd-stable\" class=\"wp-image-14212\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Picture: <\/strong>Oil prices steady as market faces conflicting influences<strong>, as observed on the<\/strong> <a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>VT Markets app<\/strong><\/a><strong>.<\/strong>\u00a0\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Demand concerns in China<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">China, the world&#8217;s top oil importer, has seen a slowdown in its economic growth, which is weighing on oil demand. Official data showed that the economy of China grew by 4.7% in the second quarter, the slowest pace since the first quarter of 2023. This deceleration in economic activity has led to concerns over weakening demand growth, impacting oil prices.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>US supply dynamics<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Despite the demand concerns, there are indications of tightening supply in the United States, the world&#8217;s largest oil producer and consumer. Market sources, citing data from the American Petroleum Institute, reported that US crude oil inventories fell by 4.4 million barrels in the week ended July 12. The US Energy Information Administration is expected to release its official storage report.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Here\u2019s the latest news and analysis on the oil market <a href=\"https:\/\/t.co\/2oFkhK5A8n\">https:\/\/t.co\/2oFkhK5A8n<\/a><\/p>&mdash; Bloomberg Markets (@markets) <a href=\"https:\/\/x.com\/markets\/status\/1813358900160205039?ref_src=twsrc%5Etfw\">July 16, 2024<\/a><\/blockquote><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Geopolitical risks in the Red Sea<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Adding to the complex market dynamics, rising geopolitical risks are also influencing oil prices. A Liberia-flagged oil tanker was recently attacked by the Yemeni Houthis in the Red Sea, leading to concerns about potential oil spills and disruptions in the supply chain. These geopolitical tensions are helping to limit the decline in oil prices.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What\u2019s in it for day traders<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Given the mixed signals in the market, day traders might find opportunities in the volatility. Monitoring US inventory reports and geopolitical developments will be crucial. Traders should maintain <a href=\"https:\/\/www.vtmarkets.com\/blog\/education\/risk-management-your-guide-to-long-term-survival-as-a-forex-trader\/\" target=\"_blank\" rel=\"noreferrer noopener\">risk management<\/a> due to the high sensitivity of oil prices to geopolitical events and economic data releases.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Create your live VT Markets account<\/strong><\/a><strong> and <\/strong><a href=\"https:\/\/myaccount.vtmarkets.com\/login\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>start trading<\/strong><\/a><strong> now.<\/strong>&nbsp;<\/p>\n\r\n\n\n\n<p class=\"wp-block-paragraph\"><b>Start trading now \u2014 click <a href=\"https:\/\/www.vtmarkets.com\/en-ca\/trade-now\/\">here<\/a> to create your real VT Markets account.<\/b>\n\n<\/p>\n\n<!-- vt-src:14210 -->","protected":false},"excerpt":{"rendered":"<p>Key Points:&nbsp; Oil prices remained steady reflecting a balance between declining demand growth and tightening supply. Global benchmark Brent crude oil (Symbol: UKOUSD) dropped slightly to $83.62 a barrel. Similarly, US West Texas Intermediate (WTI) crude (Symbol: USOUSD) also fell to $80.65 a barrel.&nbsp; Picture: Oil prices steady as market faces conflicting influences, as observed <a href=\"https:\/\/www.vtmarkets.com\/analysis\/oil-prices-finding-a-balance-between-slowing-demand-and-tightening-supply\/\" class=\"read-more\">Continue Reading<\/a><\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[],"class_list":["post-59704","post","type-post","status-publish","format-standard","hentry","category-analysis"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO Pro 5.0.1.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"Key Points: Oil prices remained steady reflecting a balance between declining demand growth and tightening supply. Global benchmark Brent crude oil (Symbol: UKOUSD) dropped slightly to $83.62 a barrel. Similarly, US West Texas Intermediate (WTI) crude (Symbol: USOUSD) also fell to $80.65 a barrel. Picture: Oil prices steady as market faces conflicting influences, as observed Continue Reading\" \/>\n\t<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/oil-prices-finding-a-balance-between-slowing-demand-and-tightening-supply\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO Pro (AIOSEO) 5.0.1.1\" \/>\n\n\t\t<script type=\"text\/javascript\"> (function(c,l,a,r,i,t,y){ c[a]=c[a]||function(){(c[a].q=c[a].q||[]).push(arguments)}; t=l.createElement(r);t.async=1;t.src=\"https:\/\/www.clarity.ms\/tag\/\"+i; y=l.getElementsByTagName(r)[0];y.parentNode.insertBefore(t,y); })(window, document, \"clarity\", \"script\", \"hvd42hy9tt\"); <\/script>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"VT Markets -\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Oil prices finding a balance between slowing demand and tightening supply - VT Markets\" \/>\n\t\t<meta property=\"og:description\" content=\"Key Points: Oil prices remained steady reflecting a balance between declining demand growth and tightening supply. Global benchmark Brent crude oil (Symbol: UKOUSD) dropped slightly to $83.62 a barrel. Similarly, US West Texas Intermediate (WTI) crude (Symbol: USOUSD) also fell to $80.65 a barrel. Picture: Oil prices steady as market faces conflicting influences, as observed Continue Reading\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/oil-prices-finding-a-balance-between-slowing-demand-and-tightening-supply\/\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2026-08-15T10:53:12+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2026-08-15T10:53:12+00:00\" \/>\n\t\t<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/vtmarketsglobal\/\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:site\" content=\"@vtmarketsglobal\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Oil prices finding a balance between slowing demand and tightening supply - VT Markets\" \/>\n\t\t<meta name=\"twitter:description\" content=\"Key Points: Oil prices remained steady reflecting a balance between declining demand growth and tightening supply. Global benchmark Brent crude oil (Symbol: UKOUSD) dropped slightly to $83.62 a barrel. Similarly, US West Texas Intermediate (WTI) crude (Symbol: USOUSD) also fell to $80.65 a barrel. Picture: Oil prices steady as market faces conflicting influences, as observed Continue Reading\" \/>\n\t\t<meta name=\"twitter:creator\" content=\"@vtmarketsglobal\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/analysis\\\/oil-prices-finding-a-balance-between-slowing-demand-and-tightening-supply\\\/#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/category\\\/analysis\\\/#listItem\",\"name\":\"Today's Analysis\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/category\\\/analysis\\\/#listItem\",\"position\":2,\"name\":\"Today's Analysis\",\"item\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/category\\\/analysis\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/analysis\\\/oil-prices-finding-a-balance-between-slowing-demand-and-tightening-supply\\\/#listItem\",\"name\":\"Oil prices finding a balance between slowing demand and tightening supply\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca#listItem\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/analysis\\\/oil-prices-finding-a-balance-between-slowing-demand-and-tightening-supply\\\/#listItem\",\"position\":3,\"name\":\"Oil prices finding a balance between slowing demand and tightening supply\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/category\\\/analysis\\\/#listItem\",\"name\":\"Today's Analysis\"}}]},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/#organization\",\"name\":\"VT Markets\",\"description\":\"Trading Made Easy. VT Markets is a reputable online broker making a strong offering for global traders interested in forex, CFDs, stocks, cryptocurrencies, and more, backed by solid regulatory oversight and comprehensive trading platforms. Its broad asset coverage and efficient trade execution, combined with educational and analytical resources, make it suitable for traders at different experience levels, particularly those looking for versatility and accessibility in global markets\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/\",\"telephone\":\"+27101412968\",\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/vtmarketsglobal\\\/\",\"https:\\\/\\\/x.com\\\/vtmarketsglobal\",\"https:\\\/\\\/www.instagram.com\\\/vtmarkets\\\/\",\"https:\\\/\\\/www.tiktok.com\\\/@vtmarketsglobal\",\"https:\\\/\\\/youtube.com\\\/@vtmarkets\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/vt-markets\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/author\\\/josephine\\\/#author\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/author\\\/josephine\\\/\",\"name\":\"josephine\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/analysis\\\/oil-prices-finding-a-balance-between-slowing-demand-and-tightening-supply\\\/#authorImage\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/7809ddd0668c6cd297bde70914f1903a959aa8d1a194930855d6c5b37e53a6f0?s=96&d=mm&r=g\",\"width\":96,\"height\":96,\"caption\":\"josephine\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/analysis\\\/oil-prices-finding-a-balance-between-slowing-demand-and-tightening-supply\\\/#webpage\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/analysis\\\/oil-prices-finding-a-balance-between-slowing-demand-and-tightening-supply\\\/\",\"name\":\"Oil prices finding a balance between slowing demand and tightening supply - VT Markets\",\"description\":\"Key Points: Oil prices remained steady reflecting a balance between declining demand growth and tightening supply. Global benchmark Brent crude oil (Symbol: UKOUSD) dropped slightly to $83.62 a barrel. Similarly, US West Texas Intermediate (WTI) crude (Symbol: USOUSD) also fell to $80.65 a barrel. Picture: Oil prices steady as market faces conflicting influences, as observed Continue Reading\",\"inLanguage\":\"en-US\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/#website\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/analysis\\\/oil-prices-finding-a-balance-between-slowing-demand-and-tightening-supply\\\/#breadcrumblist\"},\"author\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/author\\\/josephine\\\/#author\"},\"creator\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/author\\\/josephine\\\/#author\"},\"datePublished\":\"2026-08-15T10:53:12+00:00\",\"dateModified\":\"2026-08-15T10:53:12+00:00\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/#website\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/\",\"name\":\"VT Markets\",\"inLanguage\":\"en-US\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/#organization\"}}]}\n\t\t<\/script>\n\t\t<!-- All in One SEO Pro -->\r\n\t\t<title>Oil prices finding a balance between slowing demand and tightening supply - VT Markets<\/title>\n\n","aioseo_head_json":{"title":"Oil prices finding a balance between slowing demand and tightening supply - VT Markets","description":"Key Points: Oil prices remained steady reflecting a balance between declining demand growth and tightening supply. Global benchmark Brent crude oil (Symbol: UKOUSD) dropped slightly to $83.62 a barrel. Similarly, US West Texas Intermediate (WTI) crude (Symbol: USOUSD) also fell to $80.65 a barrel. Picture: Oil prices steady as market faces conflicting influences, as observed Continue Reading","canonical_url":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/oil-prices-finding-a-balance-between-slowing-demand-and-tightening-supply\/","robots":"max-snippet:-1, max-image-preview:large, max-video-preview:-1","keywords":"","webmasterTools":{"miscellaneous":"&lt;script type=\"text\/javascript\"&gt; (function(c,l,a,r,i,t,y){ c[a]=c[a]||function(){(c[a].q=c[a].q||[]).push(arguments)}; t=l.createElement(r);t.async=1;t.src=\"https:\/\/www.clarity.ms\/tag\/\"+i; y=l.getElementsByTagName(r)[0];y.parentNode.insertBefore(t,y); })(window, document, \"clarity\", \"script\", \"hvd42hy9tt\"); &lt;\/script&gt;"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BreadcrumbList","@id":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/oil-prices-finding-a-balance-between-slowing-demand-and-tightening-supply\/#breadcrumblist","itemListElement":[{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca#listItem","position":1,"name":"Home","item":"https:\/\/www.vtmarkets.com\/en-ca","nextItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca\/category\/analysis\/#listItem","name":"Today's Analysis"}},{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca\/category\/analysis\/#listItem","position":2,"name":"Today's Analysis","item":"https:\/\/www.vtmarkets.com\/en-ca\/category\/analysis\/","nextItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/oil-prices-finding-a-balance-between-slowing-demand-and-tightening-supply\/#listItem","name":"Oil prices finding a balance between slowing demand and tightening supply"},"previousItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca#listItem","name":"Home"}},{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/oil-prices-finding-a-balance-between-slowing-demand-and-tightening-supply\/#listItem","position":3,"name":"Oil prices finding a balance between slowing demand and tightening supply","previousItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca\/category\/analysis\/#listItem","name":"Today's Analysis"}}]},{"@type":"Organization","@id":"https:\/\/www.vtmarkets.com\/en-ca\/#organization","name":"VT Markets","description":"Trading Made Easy. VT Markets is a reputable online broker making a strong offering for global traders interested in forex, CFDs, stocks, cryptocurrencies, and more, backed by solid regulatory oversight and comprehensive trading platforms. Its broad asset coverage and efficient trade execution, combined with educational and analytical resources, make it suitable for traders at different experience levels, particularly those looking for versatility and accessibility in global markets","url":"https:\/\/www.vtmarkets.com\/en-ca\/","telephone":"+27101412968","sameAs":["https:\/\/www.facebook.com\/vtmarketsglobal\/","https:\/\/x.com\/vtmarketsglobal","https:\/\/www.instagram.com\/vtmarkets\/","https:\/\/www.tiktok.com\/@vtmarketsglobal","https:\/\/youtube.com\/@vtmarkets","https:\/\/www.linkedin.com\/company\/vt-markets\/"]},{"@type":"Person","@id":"https:\/\/www.vtmarkets.com\/en-ca\/author\/josephine\/#author","url":"https:\/\/www.vtmarkets.com\/en-ca\/author\/josephine\/","name":"josephine","image":{"@type":"ImageObject","@id":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/oil-prices-finding-a-balance-between-slowing-demand-and-tightening-supply\/#authorImage","url":"https:\/\/secure.gravatar.com\/avatar\/7809ddd0668c6cd297bde70914f1903a959aa8d1a194930855d6c5b37e53a6f0?s=96&d=mm&r=g","width":96,"height":96,"caption":"josephine"}},{"@type":"WebPage","@id":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/oil-prices-finding-a-balance-between-slowing-demand-and-tightening-supply\/#webpage","url":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/oil-prices-finding-a-balance-between-slowing-demand-and-tightening-supply\/","name":"Oil prices finding a balance between slowing demand and tightening supply - VT Markets","description":"Key Points: Oil prices remained steady reflecting a balance between declining demand growth and tightening supply. Global benchmark Brent crude oil (Symbol: UKOUSD) dropped slightly to $83.62 a barrel. Similarly, US West Texas Intermediate (WTI) crude (Symbol: USOUSD) also fell to $80.65 a barrel. Picture: Oil prices steady as market faces conflicting influences, as observed Continue Reading","inLanguage":"en-US","isPartOf":{"@id":"https:\/\/www.vtmarkets.com\/en-ca\/#website"},"breadcrumb":{"@id":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/oil-prices-finding-a-balance-between-slowing-demand-and-tightening-supply\/#breadcrumblist"},"author":{"@id":"https:\/\/www.vtmarkets.com\/en-ca\/author\/josephine\/#author"},"creator":{"@id":"https:\/\/www.vtmarkets.com\/en-ca\/author\/josephine\/#author"},"datePublished":"2026-08-15T10:53:12+00:00","dateModified":"2026-08-15T10:53:12+00:00"},{"@type":"WebSite","@id":"https:\/\/www.vtmarkets.com\/en-ca\/#website","url":"https:\/\/www.vtmarkets.com\/en-ca\/","name":"VT Markets","inLanguage":"en-US","publisher":{"@id":"https:\/\/www.vtmarkets.com\/en-ca\/#organization"}}]},"og:locale":"en_US","og:site_name":"VT Markets -","og:type":"article","og:title":"Oil prices finding a balance between slowing demand and tightening supply - VT Markets","og:description":"Key Points: Oil prices remained steady reflecting a balance between declining demand growth and tightening supply. Global benchmark Brent crude oil (Symbol: UKOUSD) dropped slightly to $83.62 a barrel. Similarly, US West Texas Intermediate (WTI) crude (Symbol: USOUSD) also fell to $80.65 a barrel. Picture: Oil prices steady as market faces conflicting influences, as observed Continue Reading","og:url":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/oil-prices-finding-a-balance-between-slowing-demand-and-tightening-supply\/","article:published_time":"2026-08-15T10:53:12+00:00","article:modified_time":"2026-08-15T10:53:12+00:00","article:publisher":"https:\/\/www.facebook.com\/vtmarketsglobal\/","twitter:card":"summary_large_image","twitter:site":"@vtmarketsglobal","twitter:title":"Oil prices finding a balance between slowing demand and tightening supply - VT Markets","twitter:description":"Key Points: Oil prices remained steady reflecting a balance between declining demand growth and tightening supply. Global benchmark Brent crude oil (Symbol: UKOUSD) dropped slightly to $83.62 a barrel. Similarly, US West Texas Intermediate (WTI) crude (Symbol: USOUSD) also fell to $80.65 a barrel. Picture: Oil prices steady as market faces conflicting influences, as observed Continue Reading","twitter:creator":"@vtmarketsglobal"},"aioseo_meta_data":{"post_id":"59704","title":null,"description":null,"keywords":null,"keyphrases":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_custom_url":null,"og_image_custom_fields":null,"og_custom_image_width":null,"og_custom_image_height":null,"og_video":null,"og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema_type":null,"schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":null,"robots_max_videopreview":null,"robots_max_imagepreview":"none","tabs":null,"priority":null,"frequency":null,"local_seo":null,"created":"2026-08-15 10:53:12","updated":"2026-08-15 10:53:12"},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t<a href=\"https:\/\/www.vtmarkets.com\/en-ca\" title=\"Home\">Home<\/a>\n<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\t<a href=\"https:\/\/www.vtmarkets.com\/en-ca\/category\/analysis\/\" title=\"Today&apos;s Analysis\">Today's Analysis<\/a>\n<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\tOil prices finding a balance between slowing demand and tightening supply\n<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/www.vtmarkets.com\/en-ca"},{"label":"Today's Analysis","link":"https:\/\/www.vtmarkets.com\/en-ca\/category\/analysis\/"},{"label":"Oil prices finding a balance between slowing demand and tightening supply","link":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/oil-prices-finding-a-balance-between-slowing-demand-and-tightening-supply\/"}],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/59704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=59704"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/59704\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=59704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=59704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=59704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}