Oil Market’s Glut Narrative Just Blew Up
Less than a month ago, analysts were warning of a looming glut of crude oil as tanker traffic…
IEA Sees Massive Oil Surplus In 2027 As Middle East Supply Returns
The global oil market could swing from one of the largest supply disruptions in history to a surplus…
Trafigura Warns of “Super Glut” as Oil Supply Surges
Echoing what has become a now daily refrain by commodity bears everywhere, Saad Rahim, chief economist of commodity-trading…