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Published on
Thursday, August 13, 2026 at 01:10 PM

By Marcus Okonkwo — Far-Left Desk

Capital's Oil Profits Threatened by Weak Demand, Mideast

Oil prices edged lower today, signaling a potential slowdown in the global economy that directly impacts the accumulation of capital. This dip occurred despite ongoing tensions in the Middle East, a region critical for global energy flows. The weaker demand outlook now overshadows the usual upward pressure that geopolitical instability often creates for oil prices.

Reviewed by the editorial desk — August 13, 2026
Last updated August 13, 2026

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