Oil and Gas- Will Saudi Arabia and OPEC+ Stay the Course Toward...

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2026-01-02 15:51:57 - Translate -

Oil and Gas- Will Saudi Arabia and OPEC+ Stay the Course Toward Market Share?

The size of the 2026 oil glut is open to question, and OPEC+’s next move remains up in the air. As 2025 draws to a close, the world oil market reflects a near-consensus that the coming year will see substantial oversupply and inventory accumulation, pushing the global benchmark Brent crude oil down to slightly above $60 per barrel. For many OPEC+ participants, and Saudi Arabia...

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