Oil markets facing biggest glut since COVID, leaving prices in the basement, says new forecast Oil prices could slide further in 2026 amid deepening geopolitical uncertainty and a global crude market facing oversupply. Read more.

financialpost.com/commodities/...

#OilGlut
#BiggestGlutSinceCovid

#TrumpIsADelusionalEconomicMoron

In the middle of an #OILGlut #Felon47 wants to give up to a Trillion TaxPayer Dollars to #BigOil to Extract it over the next Decade.

No CEOs are interested. the Crude in Venezuela is NOT good for gasoline and is difficult to process.

youtu.be/pOfIU7mUpb0?...

Part of the Global War to Avoid #StrandedAssets as
Oil Demand is Peaking & the Global #OilGlut will
lead to WAR for Market Share & Sanctions to keep
Competitors Oil 'OFF the Market' & in the Ground
While America & the West Ramp UP Production & sales

Billionaire Oil Corp Owners are Destroying Earth to
make short Term Profits but the Coming #OilGlut
will Destroy their Profit as well because EV'S are
causing a Big DROP in Oil Consumption ,making
Future Fossil Fuel investments #DeadMoney
insideevs.com/news/764730/...

OPEC’s Output Surge: EIA Predicts Expanding Oil Glut by 2026 ow.ly/JJJF50UGQ1T #OilGlut #OPEC #EIA #EnergyNews #Oil2026 #OilMarket

Fully 6 mos ago, I read (numerous sources) that there will be an #OilGlut in 2025. It will hammer oil prices & lower gas prices all on its own. It was then that #Trump promised that energy would drop 50% by the end of 2025.

He will be credited for all the working parts that have created the glut.

MSN

www.msn.com/en-us/money/... #OILglut #MBS #feud