Kevin Crowley

Bloomberg senior U.S. oil reporter who covers the oil market and energy-sector developments, providing reporting and analysis on supply, demand and prices.

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Jan 5, 2026 • 13min

Oil Traders Weigh Surplus, Geopolitical Risks to Start 2026

Kevin Crowley, Bloomberg's senior U.S. oil reporter, delves into the intricacies of the oil market as 2026 kicks off. He discusses the staggering 3.8 million b/d oversupply driven by non-OPEC growth, alongside the cautious stance of OPEC+ amidst geopolitical tensions. Tim Moore joins to share insights on clean energy prospects, including key players like Bloom Energy and Sunrun. They explore whether $60 is a sustainable price for U.S. shale drilling and highlight the surprising energy independence of the U.S. due to record production.

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