Trafigura Warns of “Super Glut” as Oil Supply Surges ...Middle East

OILPRICE - Economy
Trafigura Warns of “Super Glut” as Oil Supply Surges
source : OILPRICE ( Middle East ) () 93
Echoing what has become a now daily refrain by commodity bears everywhere, Saad Rahim, chief economist of commodity-trading giant, Trafigura, said that the oil market faces a “super glut” next year as a burst of new supply collides with weakness in the global economy. According to Rahim, new drilling projects and slowing demand growth would weigh further on already depressed crude prices next year. “Whether it’s a glut, or a super glut, it’s hard to get away from that,” Rahim said in remarks alongside the company’s…

Hence then, the article about trafigura warns of super glut as oil supply surges was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Trafigura Warns of “Super Glut” as Oil Supply Surges )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
Finance experts on whether property is really the best investment for your money
INDEPENDENT - before 4 hours & 40 minute
Kenya: Kenya to Invest in Uganda Oil Refinery, Ruto Announces
allafrica - before 7 hours & 49 minute
Deepvein Mining Tech Wins NY Product Design Gold for Exploration Robotics
PR Newswire - before 9 hours & 34 minute
Lanvin Group to Report 2025 Full-Year Audited Results on April 30, 2026
PR Newswire - before 2 hours & 37 minute
How to teach your children about money at different ages
INDEPENDENT - before 2 hours & 12 minute
Tanzania: Museveni Backs Dangote Oil Refinery in Tanzania
allafrica - before 6 hours & 53 minute
Brent Tops $106 as Iran Tensions Escalate
OILPRICE - before 4 hours & 39 minute
Sinking funds for beginners: How to get started
INDEPENDENT - before 4 hours & 10 minute
Pakistan Turns to Russia and Venezuela as Middle East Oil Supplies Shrink
OILPRICE - before 3 hours & 4 minute
Gold heads for weekly loss amid oil and dollar pressures
SABA NET - before 2 hours & 13 minute
Skydio Commits $3.5 Billion to Expand U.S. Manufacturing and Secure American Drone Leadership
PR Newswire - before 2 hours & 8 minute
Nigeria: Dangote to Partner Kenya, Uganda to Build Refinery in Tanzania
allafrica - before 6 hours & 23 minute


Latest News

Chad: Algeria and Chad Cement Stategic Partnership With Raft of Bilateral Deals

before 2 minute

Bank of England expert predicts global stock market fall and questions ‘are we prepared?’

before 19 minute

Tabulera Announces Early Partner Access to Small Group EDI

before 22 minute

Gifthealth Wins Top Digital Health Platform Award at Pinnacle Awards 2026

before hour & 4 minute

Food inflation may jump to 7% as energy prices rise, firms tell Bank of England

before hour & 35 minute

India Pushes Refiners To Boost LPG Output

before hour & 37 minute

Liberia: Senate Passes Controversial U.S.$53 Million Supplementary Budget

before hour & 51 minute

Skydio Commits $3.5 Billion to Expand U.S. Manufacturing and Secure American Drone Leadership

before 2 hours & 8 minute

How to teach your children about money at different ages

before 2 hours & 12 minute

Gold heads for weekly loss amid oil and dollar pressures

before 2 hours & 13 minute

Lanvin Group to Report 2025 Full-Year Audited Results on April 30, 2026

before 2 hours & 37 minute

Pakistan Turns to Russia and Venezuela as Middle East Oil Supplies Shrink

before 3 hours & 4 minute

IMCC Launches "DEEP C" Digital Transformation Program to Advance Operational Excellence

before 4 hours & minute

Sinking funds for beginners: How to get started

before 4 hours & 10 minute

Brent Tops $106 as Iran Tensions Escalate

before 4 hours & 39 minute