Oil Surplus Panic: Is the Glut Real?

Is an oil glut really looming? The International Energy Agency and major investment banks are predicting a massive crude oil surplus, forecasting prices to plummet. But some analysts are challenging this narrative, pointing to surprisingly low OECD inventories and steady declines in US oil stocks. Is the market underestimating demand, or is a price crash inevitable? Dive into the conflicting data and expert opinions shaping the future of oil prices. Hosted on Acast. See acast.com/privacy for more information.