The Glut
An ocean of oil stranded by price dynamics and sanctions
In this report: Oil floats idle at sea while U.S. inventories keep draining. Inside: Venezuela tensions, contango games, and the slow death of ESG illusion.
Key Stats.
WTI -2.23% for the week. Open $61.82 High $62.17 Low $59.64 Close $60.98
Articles
Oil Giants Plan Production Boost Adding to Global Oversupply
Trump Says No Decision Has Been Made On Looming Venezuela Land Strikes
Bill Gates -Three tough truths about climate
Declines in output from existing oil and gas fields have gathered speed
Lukoil sells foreign assets to Swiss-based firm after punishing US sanctions
US oil and gas production hit fresh record high in August
Investors Turn Away from ESG Funds in Record Numbers in Q1 2025
Top 3 Key Points:
