Dossier
oil surplus
Coverage of oil surplus in the Nexus archive.
- IEA: US-Iran escalation threatens 2027 oil surplus forecast
The International Energy Agency warns that US-Iran tensions could disrupt its 2027 oil surplus forecast, which relies on improved Hormuz transits. The IEA projects a potential 4.62 million bpd surplus in 2027 but notes risks from geopolitical instability affecting supply and demand.
- OPEC+ Emerges From War to Threat of Oil Surplus
OPEC+ faces a threat of oil surplus following a period of conflict. The article highlights Tianjin's port in northern China, which serves as a key logistics hub in the region's trade network.
- Goldman Flags Up Oil Surplus Even as Nations Rebuild Stockpiles
Goldman Sachs has highlighted an oil surplus despite countries working to rebuild their stockpiles. The article notes the presence of oil storage tanks, indicating current storage levels.