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According to its March STEO, the EIA sees world petroleum and other liquid fuels production outweighing consumption by 1.87 million barrels per day in 2026. Image by Sunshine Seeds via iStock In the ...

The widely predicted 2026 oil glut isn’t showing up in the physical market. Geopolitical risk and supply friction are dominating instead of oversupply. Limited spare capacity, declining upstream ...

DAVOS, Switzerland, Jan 22 (Reuters) - Global oil glut predictions are seriously exaggerated as demand growth remains strong and global oil stocks are depleted, Amin Nasser, chief executive of Aramco ...

Five major drinks companies—Diageo, Pernod Ricard, Campari, Brown-Forman, and Remy Cointreau—together are sitting on about $22 billion worth of aged spirits, which is the largest amount of unsold ...

The oil market is headed for a “super glut” next year as a wave of new supplies may run up against sluggish demand, according to global commodities trader Trafigura. “Whether it’s a glut or a super ...

Trafigura thinks the oil market could see a "super glut" of crude next year. The commodities firm pointed to new supply hitting the market while demand remains lackluster. Oil prices have already ...

News reports about a potential “oil glut” are popping up. But what is an “oil glut?” And why does the thought of one have a number of oil companies so worried? According to the Collins Dictionary, “if ...

Investors and analysts have spent much of the year embracing the view that the oil market, which has been in oversupply mode, is heading straight for a glut through 2026 — and that glut could reach as ...

The IEA, EIA, and BloombergNEF all forecast a major global oil surplus through 2026—up to 4 million bpd. The IEA admitted it couldn’t account for 1.47 million barrels per day of global supply in ...

Oil prices settled at their lowest since early May on Monday as investors weighed a potential global glut, with U.S.-China trade tensions adding to concerns about an economic slowdown and weaker ...