Surplus

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Blanch: There’s valid concern about surplus, but no catastrophic scenario
CNBC Television· 2025-10-06 11:28
All right. So, hike modest or not, why is that moving prices higher when just last week uh we saw oil move lower on over supply concerns. So, Frank, last week there was a a rumor going around markets that OPEC was considering um fast forwarding the return of of 1.6% million barrels a day uh over the course of the following three months.So people are looking at potentially half a million barrels a day increase uh now and this over the weekend another half a million in a month another half a million month fro ...
X @Bloomberg
Bloomberg· 2025-09-11 11:20
Saudi Arabia’s oil exports are set to jump this month as the twin impact of higher production and easing local demand from peak summer levels frees up supply, adding to concerns the market is headed for a surplus https://t.co/uqgAUj6dpX ...