Global oil exports hit a two-year high, signaling a potential supply surplus

unian.ua (Ukrainian)

Global oil exports have reached a two-year high, signaling a potential supply surplus. This surge is driven by increased shipments from both OPEC members and non-OPEC countries, with approximately 1.25 billion barrels of oil currently at sea. Analysts predict continued growth in shipments through early 2026, potentially leading to record supply surpluses and impacting oil prices.


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Global oil exports hit a two-year high, signaling a potential supply surplus | News Minimalist